Australian Capital Territory Numbered Regulations

UNIT TITLES REGULATIONS 2001 (2001 NO 15) - REG 15

An owners corporation may exempt itself from the requirement to take out building insurance (under the Act, section 132) if the replacement value of all common property buildings (or parts of buildings) on the parcel is less than $10 000.

Part 4     Owners corporation articles

Division 4.1     All owners corporations