Australia, Aug. 19 -- New South Wales Land and Environment Court issued text of the following judgement on July 18:
1. Introbuild Constructions Pty Ltd ('the plaintiff') is a building company in New South Wales ('NSW'). It requires Home Building Compensation Fund insurance ('HBCF insurance') to enter residential building contracts exceeding $20,000: s 92 of the Home Building Act 1989 (NSW) ('the HBA'); reg 53 of the Home Building Regulation 2014 (NSW).
2. The plaintiff has been unable to obtain HBCF insurance since December 2023 having been deemed 'ineligible' for it by the delegate of the NSW Self Insurance Corporation ('the second defendant'), Insurance and Care NSW ('the first defendant'). The plaintiff was previously eligible. The fir...