Forums Strata Committees Missing insurance Current Page

#13208
Jimmy-T
Keymaster

    Oops, my bad!  I confused Workers Comp with Occupational Health and Safety surveys.

    Mr Strata is right.  According to Workcover NSW …

    Residential bodies corporate paying Wages of $7,500 or less per annum are not required to hold a Policy under section 155AA of the Act and therefore in regards to Workers Compensation insurance are deemed to comply with Section 87(1)(a) of the Strata Schemes Management Act 2002.

    And if you are now worried about your OHS commitments THEY are the ones that apply to all strata plans for the reasons stated previously. 

    Apologies for any confusion.  Through the magic of editing , I will now go and correct my mistake. 

    Many thanks to Mr Strata for providing additional information.

    If you want to be alerted when anyone replies to your posts or responds to this topic, please register and login, then you will be able to subscribe to the topic. The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers. NB: Longer threads may spill over to additional pages - look for the numbers on the bottom right, under the last post.