It sounds like a neat solution to the requirement to provide a means of isolation for the appliances - why don't you like it?
My only concern is that you say there are no fuses, and I guess what you've got there are 4 spurs, with 20A isolation switches. Do you know what size cable has been used between the switch modules and the sockets?
If it's a single run of 2.5mm, then I think this would contravene the wiring regs, and therefore if it's a new house, be illegal. Which means you should be able to make them fix it (e.g. by replacing your 4 module gridplate with an 8-way, 4 switches and 4 fuses) FOC.
Did the house come with an electrical installation certificate?