This interpretation bulletin from the Director for the Condominium Property Act provides guidance for condominium corporations as to when Insurance deductible becomes applicable to a corporation, in other words "takes effect," and provides clarification on the Insurance deductible adoption process found in the legislation.
April 21, 2021
Title and publication information
Director's advisory opinion/interpretation bulletin Number 3
Publisher / Creator Information
Usage / Licence
Director's interpretation bulletins are not legally binding but can be used by those who are seeking further guidance on the insurance requirements for condominium corporations.