Housing Guarantee Claims Fund
With effect from 1 February 2006, VMIA assumed responsibilities under the House Contracts Guarantee (Amendment) Act 2005 for claims made on the Housing Guarantee Claims Fund and the Domestic Building (HIH) Indemnity Fund.
The Housing Guarantee Claims Fund has been created to assume the liabilities of HGFL, the company which prior to the commencement of the Domestic Contracts and Tribunal Act 1995, was the sole body to provide recompense to consumers, through a guarantee system, for defective or incomplete domestic building work. HGFL guaranteed such work for a period of 7 years from the earlier of commencement or the date building approval was granted.
If you require further information on this scheme, please telephone the Claims Manager, Builders Warranty Program on (03) 9270 6900.