Approval of a Fidelity Fund Scheme - Australian Capital Territory

Service summary

You will require this approval if you intend to operate an approved fidelity fund scheme. Approved fidelity fund schemes issue fidelity certificates to builders. A fidelity certificate is an alternative form of insurance that builders can apply for instead of obtaining a residential work insurance (also known as housing indemnity insurance). Builders require this insurance / protection for:

  • Construction of certain kinds of residence; and
  • Certain alterations or additions to certain kinds of existing residence where the work is valued at over $12 000.

Fidelity insurance provides cover of up to $85 000 for incomplete or defective work in circumstances where the builder becomes insolvent, disappears or dies.

Please use the contact details below to find out more information.

Service type


A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible for this approval you must:

  • Create a trust and appoint a trustee deemed suitable for the position by the Agency;
  • Detail the financial management of the scheme;
  • Establish the scope of building work for which a fidelity certificate may be issued under the scheme;
  • Create eligibility criteria for an application to be approved;
  • Determine the process for application of claims under the scheme; and
  • Provide information regarding how you will comply with any relevant prudential standards.

Please consult the Contact Officer for more information regarding eligibility requirements.



Please consult the Contact Officer for information on fees to be submitted.



Application for Approval of Fidelity Fund Scheme - Please consult the Contact Officer for information on forms to be submitted.

Administering agency

Environment and Planning Directorate
Planning and Land Authority

Act(s) name

Building Act 2004 (Australian Capital Territory)

Contact details

Enquiries, Licensing Unit
Environment and Planning Directorate
Planning and Land Authority

Operating address:
Ground Floor South, Dame Pattie Menzies House
16 Challis Street
Australian Capital Territory 2602
Mailing address:
General Post Office Box 158
Canberra,Australian Capital Territory,2601


02 62071923


02 62071925

Supporting information


The information contained on the Australian Business Licence and Information Service (ABLIS) web site, or via packages or other sources is intended for general guidance only.

To the full extent permitted by law, the Federal, State, Territory and Local Governments make no representations or warranties (expressed or implied) in relation to the information, including its accuracy, currency or completeness.

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