business.gov.au

Approval of a Fidelity Fund Scheme - Australian Capital Territory

Description

Building work on houses and apartment buildings which are three storeys and below, not including a car park must be covered by residential building work insurance. This is sometimes called home warranty insurance or builder's warranty insurance.

Insurance is provided either by an authorised insurer or by an approved fidelity fund scheme.

Service type

Licence

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 will need to:

  • create a trust and appoint a trustee deemed suitable for the position by the Agency
  • comply with relevant requirements as pertaining to your application.

Duration

6 years after completion of project

Fees

Fees Details for this service in table format.

Task Type Business Structure Description
Apply Application All

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

Forms

Act(s) name

Building Act 2004 Australian Capital Territory

Administering agency

Environment, Planning and Sustainable Development Directorate

Planning

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.