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HOME BUILDING ACT 1989 - SECT 104 Alternative indemnity products

HOME BUILDING ACT 1989 - SECT 104

Alternative indemnity products

104 Alternative indemnity products

In this Act--


"alternative indemnity product" means--

(a) a fidelity fund scheme, or
(b) a specialised insurance arrangement, or
(c) any other insurance product or arrangement prescribed by the regulations for the purposes of this Part.

"provider" of an alternative indemnity product means a person who provides an alternative indemnity product and includes the trustee of any fidelity fund under a fidelity fund scheme.