Singapore legislation

Clause 72

of Building Maintenance and Strata Management Bill 2004

Clause 72

Insurance by subsidiary proprietor

(1)

Nothing in this Part shall limit or affect any right of a subsidiary proprietor to effect insurance.

(2)

Insurance effected by a subsidiary proprietor shall not affect, and shall 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, notwithstanding anything in that contract of insurance.

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