New South Wales Consolidated Acts

HOME BUILDING ACT 1989 - SECT 105B

105B Self Insurance Corporation taken to be licensed insurer

(1) The Self Insurance Corporation is taken to be a licensed insurer for the purposes of this Act.

(2) The Authority may, by written notice served on the Corporation, impose conditions on the exercise by the Corporation of functions as a licensed insurer under this Act and vary or revoke any such condition.

Note--: Section 105I sets out some of the matters about which conditions may be imposed.

(3) The Corporation must comply with a condition imposed by the Authority.

(4) A condition cannot be imposed, revoked or varied except with the approval of the Board of the Authority.