Section 85
Insurance where area can be separated from main premises of building
of Strata Management Ordinance, 2019
—
Where any limited common property is managed and maintained by a subsidiary management corporation, and the area managed and maintained by the subsidiary management corporation can be separated from the main premises of the building managed and maintained 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 managed and maintained by the subsidiary management corporation exists as an independent structure, and any damage to the structure or its facilities will not materially affect its facilities and also will not materially affect the existence or usability of all other structures within its vicinity.