Malaysia legislation

Section 94

of STRATA MANAGEMENT ACT 2013

Section 94

(2)

For the purpose of determining the reinstatement value of the building that is required to be insured under this Part, a reinstatement valuation of the building shall be obtained from a registered valuer at least once every five years.

(3)

The cost of such valuation shall be paid out from the maintenance account.

Insurance where area cannot be separated from main premises of building

Section 94 — STRATA MANAGEMENT ACT 2013 | mylaw.my