New South Wales Consolidated Acts

HOME BUILDING ACT 1989 - SECT 105J

105J Matters not subject to conditions of licences

(1) A condition of a licence under this Part must not be prescribed by the regulations or imposed, revoked or varied by the Authority if this would give or be likely to give a competitive advantage to the licence holder over other licence holders.

(2) A condition of a licence under this Part that requires or has the effect of requiring a licence holder to obtain a share of the insurance market or the alternative indemnity product market specified in or determined in accordance with the terms of the condition is of no effect.

(3) This section has effect despite anything to the contrary in sections 105H and 105I.

(4) This section does not prevent the imposition as a condition of a licence under this Part of a condition that limits the kinds of building cover contracts that can be entered into by the licence holder under this Act, for example a condition that limits an insurer to contracts insuring for particular risks.

(5) This section does not apply to the Self Insurance Corporation.