On 25/05/2013,
you requested for the version in force on 25/05/2013
incorporating all amendments published on or before 25/05/2013.
The closest version currently available is that of 15/07/2010.
69. In this Division, unless the context otherwise requires —
“damage policy”, in relation to a subdivided building, means a contract of insurance providing, in the event of the subdivided building being destroyed or damaged by fire, lightning, explosion or any other occurrence specified in the policy —
(a)
for —
(i)
the rebuilding of the subdivided building or its replacement by a similar building in the event of its destruction; and
(ii)
the repair of damage to, or the restoration of the damaged portion of, the subdivided building in the event of its being damaged but not destroyed,
so that, in the case of destruction, every part of the rebuilt building or the replacement building and, in the case of damage, the repaired or restored portion, is in a condition no worse nor less extensive than that part or portion or its condition when that part or portion was new; and
(b)
for the payment of expenses incurred in the removal of debris and the remuneration of architects and other persons whose services are necessary as an incident to the rebuilding, replacement, repair or restoration;
“subdivided building” includes —
(a)
subsidiary proprietors’ improvements and subsidiary proprietors’ fixtures forming part of the subdivided building other than paint, wallpaper and temporary wall, floor and ceiling coverings;
(b)
a building consisting entirely of common property; and
(c)
anything prescribed as forming part of a building for the purposes of this definition,
but does not include —
(i)
fixtures removable by a lessee at the expiration of a tenancy; or
(ii)
anything prescribed as not forming part of a subdivided building for the purposes of this definition.
[LT(S)A, s. 70]