Land Titles (Strata) Act
(Chapter 158, Sections 70, 71, 72 and 130)
Land Titles (Strata) (Insurance) Regulations
Rg 4
G.N. No. S 158/1990

REVISED EDITION 1990
(25th March 1992)
[1st May 1989]
Citation
1.  These Regulations may be cited as the Land Titles (Strata) (Insurance) Regulations.
Definition
2.—(1)  In these Regulations, “subdivided building” has the same meaning as in Division 5 of the Part IV of the Act.
(2)  For the purposes of paragraph (e) of the definition of “subdivided building” in section 70 of the Act, any improvement or fixture affected by any subsidiary proprietor after the issue of the temporary occupation licence or permit under the Building Control Act [Cap. 29], which is exclusively for the use and enjoyment of a lot in that building, shall not form part of a subdivided building unless the subsidiary proprietor of that lot —
(a)gives the management corporation a notice in writing specifying the nature and estimated cost of such improvements or fixtures; and
(b)pays for any additional premium thereby incurred.
Calculation of limit of liability under damage policy
3.—(1)  For the purposes of section 71(2) of the Act, the amount referred to in that subsection shall be calculated by adding together —
(a)the estimated cost, as at the date of the contract of insurance, of the rebuilding of the subdivided building or its replacement by a similar subdivided building so that every part of the rebuilt subdivided building or the replacement subdivided building is in a condition no worse nor less extensive than when the subdivided building was new;
(b)the estimated cost, as at the date of the contract of insurance, of removing debris from the parcel in the event of the subdivided buildings being destroyed by an occurrence specified in the policy; and
(c)the fees (estimated as at the date of the contract of insurance) payable to architects and other professional persons employed in the course of the rebuilding or replacement referred to in sub-paragraph (a).
(2)  If any subsidiary proprietor does not give the notice or pay the premium referred to in regulation 2(2) or 4 before the date of the contract of insurance, the estimated cost of improvements or fixtures referred to in that paragraph shall not be included in the calculations under this regulation.
Additional insurance upon request
4.  A subsidiary proprietor may request the management corporation to include in the calculations under regulation 3, the estimated cost of any of his improvements or fixtures in the nature of paint, wallpaper and temporary wall, floor and ceiling coverings, provided that —
(a)he gives the management corporation a notice in writing specifying the nature and estimated cost of such improvements or fixtures; and
(b)he pays any additional premiums thereby incurred.
Amount of cover under public liability insurance
5.  For the purposes of section 72(1)(b) of the Act, the prescribed amount in respect of insurance referred to in that paragraph is an amount not less than $1 million.