HomeโบRegulationsโบHome Building Contracts (Home Indemnity Insurance Exemptions) Amendment Regulations 2024
๐ Home Building Contracts (Home Indemnity Insurance Exemptions) Amendment Regulations 2024
RegulationsSL 2024/28718 December 2024
Principal Act
These regulations amend the Home Building Contracts (Home Indemnity Insurance Exemptions) Regulations 2002. They introduce exemptions from home indemnity insurance requirements for certain multi-unit developments and Specialist Disability Accommodation (SDA) buildings.
Builders and building owners are affected by the changes to home indemnity insurance exemptions. Purchasers of exempt buildings must be notified that HII cover is not in force. Building owners intending to use buildings as SDA must apply for enrolment within 12 months of practical completion.
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