Singapore legislation

Section 72

of Building Maintenance and Strata Management Act 2004

Section 72

Insurance by subsidiary proprietor

(1)

Nothing in this Part limits or affects any right of a subsidiary proprietor to effect insurance.

(2)

Insurance effected by a subsidiary proprietor does not affect, and must not be taken into consideration in determining, the amount payable to a management corporation under a contract of insurance entered into between it and an insurer under this Part, despite anything in that contract of insurance.

Read in full context — Building Maintenance and Strata Management Act 2004 →