Strata Titles (Insurance) Regulations 2019
I, the Governor in and over the State of Tasmania and its Dependencies in the Commonwealth of Australia, acting with the advice of the Executive Council, make the following regulations under the Strata Titles Act 1998 .16 July 2019
By Her Excellency's Command,
Minister for Primary Industries and Water
These regulations may be cited as the Strata Titles (Insurance) Regulations 2019 .
These regulations take effect on 26 August 2019.
For the purposes of section 101(1) of the Strata Titles Act 1998 , the minimum amount is $10 000 000.
Displayed and numbered in accordance with the Rules Publication Act 1953.
Notified in the Gazette on 24 July 2019
These regulations are administered in the Department of Primary Industries, Parks, Water and Environment.
(This note is not part of the regulation)These regulations
(a) prescribe, for the purposes of the Strata Titles Act 1998 , $10 000 000 as the minimum amount of public risk insurance that a body corporate must maintain over the site for which it is responsible; and(b) are made consequentially on the repeal of the Strata Titles (Insurance) Regulations 2009 under section 11 of the Subordinate Legislation Act 1992 .