Sectional Titles Schemes Management Act, 2011 (Act No. 8 of 2011)14. Insurance by owners |
1) | Notwithstanding the existence of a valid insurance policy effected by the body corporate pursuant to the provisions of section 3(1)(h), an owner may obtain an insurance policy in respect of any damage to his or her section arising from risks not covered by the policy effected by the body corporate. |
2) | This section does not limit the rights of an owner to insure against risks other than damage to his or her section. |