s. s. 138 137E (b) must provide that the insurer is not liable in respect of any defect which is referred to in the report provided to the purchaser under section 137B, if a report is required under that section. (2) An order under section 135 may require insurance cover of a kind referred to in subsection (1)(a) to extend to each person who is or may become entitled to the benefit of any of those warranties. S. 137E 137E Insurance requirements for home sold before inserted by completion No. 91/1995 s. 142, A person must not enter into a contract for the sale amended by No. 33/2010 by the person of land on which a home is being s. 30. constructed, or is to be constructed, if the contract provides for or contemplates that the construction of the home will be completed before the completion of the contract unless— S. 137E(a) (a) the home is being constructed under a major amended by domestic building contract or the contract of No. 2/1996 s. 11 (as sale is a major domestic building contract or amended by provides that the home is to be constructed No. 34/1997 under a major domestic building contract; or s. 33(1)). (b) Part 2 of the House Contracts Guarantee Act 1987 applies to the construction of that home. 120 penalty units. __________________ Division 1—Rights of appeal 138 Building and occupancy permits (1) An appeal may be made to the Building Appeals Board against—
(b) must provide that the insurer is not liable in respect of any defect which is referred to in the report provided to the purchaser under section 137B, if a report is required under that section. (2) An order under section 135 may require insurance cover of a kind referred to in subsection (1)(a) to extend to each person who is or may become entitled to the benefit of any of those warranties. S. 137E inserted by No. 91/1995 s. 142, amended by No. 33/2010 s. 30. 137E Insurance requirements for home sold before completion A person must not enter into a contract for the sale by the person of land on which a home is being constructed, or is to be constructed, if the contract provides for or contemplates that the construction of the home will be completed before the completion of the contract unless— S. 137E(a) amended by No. 2/1996 s. 11 (as amended by No. 34/1997 s. 33(1)). (a) the home is being constructed under a major domestic building contract or the contract of sale is a major domestic building contract or provides that the home is to be constructed under a major domestic building contract; or (b) Part 2 of the House Contracts Guarantee Act 1987 applies to the construction of that home. 120 penalty units. s. 137E __________________ Division 1—Rights of appeal 138 Building and occupancy permits s. 138 (1) An appeal may be made to the Building Appeals Board against—
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