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Strata Schemes Management Act 2015 No 50
Current version for 1 July 2020 to date (accessed 10 July 2020 at 06:50)
215 Relationship of Part to other remedies
(1) A building bond is payable in respect of defective building work under this Part whether or not—(a) Part 2C of the Home Building Act 1989 applies to the work, or(b) the developer is liable to the owners corporation or the owner of a lot in respect of the work.(2) A developer may recover the amount of any building bond paid to an owners corporation in respect of defective building work for which the developer is not otherwise liable from any person against whom the developer has a cause of action in respect of the defective building work.(3) Any thing done or omitted to be done under this Part does not affect any action that may be taken, or remedy that may be sought, by or in respect of building work under any other law.(4) However, any court, tribunal or other body may take into account any payment made, rectification work done or any other action taken in relation to building work under this Part when it is determining a matter relating to the work.