Strata Schemes Management Act 1996 No 138
90 Insurable interests
(1) A person (including an owners corporation) is taken to have an
insurable interest in the subject-matter of a contract of insurance entered
into by the person in accordance with this Part.
(2) The owner of a lot is taken to have an insurable interest in a
building comprised in the lot while the building is subject to a determination
referred to in section 83 (4).
(3) This section applies despite the provisions of section 23 of the
Imperial Acts Application Act
1969 or any other law relating to