Strata Management Act 2013 · s 96

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96.
Insurance where area can be separated from main premises of building
(1)	 Where any limited common property is maintained and managed by a subsidiary management corporation, and the area maintained and managed by the subsidiary management corporation can be separated from the main premises of the building maintained or managed by the management corporation—
(a)	 the management corporation shall insure the part of the building excluding the area managed by the subsidiary management corporation; and
(b)	 the subsidiary management corporation shall insure the part of the building excluding the area managed by the management corporation.
(2)	 For the purpose of this section, “can be separated from the main premises of the building” means that the area maintained and managed by the subsidiary management corporation exists as an independent structure, and any damage to the structure or

Act 757
its facilities will not materially affect the existence or usability of all other structures within its vicinity.

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s 96Insurance where area can be separated from main premises of building

(1)

Where any limited common property is maintained and managed by a subsidiary management corporation, and the area maintained and managed by the subsidiary management corporation can be separated from the main premises of the building maintained or managed by the management corporation—

(a)

the management corporation shall insure the part of the building excluding the area managed by the subsidiary management corporation; and

(b)

the subsidiary management corporation shall insure the part of the building excluding the area managed by the management corporation.

(2)

For the purpose of this section, “can be separated from the main premises of the building” means that the area maintained and managed by the subsidiary management corporation exists as an independent structure, and any damage to the structure or

its facilities will not materially affect the existence or usability of all other structures within its vicinity.