89   Can an owner take out insurance?

(1)  Nothing in this Part limits any right of an owner to take out insurance.

(2)  Insurance taken out by an owner does not affect, and is not to be taken into consideration in determining, the amount payable to an owners corporation under a contract of insurance entered into between it and an insurer in accordance with this Part.

(3)  Subsection (2) has effect despite anything contained in the relevant contract of insurance.