No discussions yet

Why don't you be the first to start a topic on this article?
Start a new discussion

We need your help to improve Living in Strata! Spot something not quite right or have more to add? Click on the pencil at the end of the article to edit or update… or even add an image.

To start a discussion or ask a question, use the box to the left (it's linked to the forum)

All registered managers must:

  • Be appointed by an instrument or by contract of appointment in the approved form
  • Act honestly and in good faith. They must not improperly use their positions to gain an advantage for themselves or any other person
  • Carry professional indemnity insurance for the prescribed amount
  • Hold all money on behalf of an owners corporation on trust
  • Account separately for money held for each owners corporation it manages
  • Report to the owners corporation at each annual general meeting
  • If there is a committee, report to the committee as required
  • Register with the Business Licensing Authority
  • Lodge an annual statement with the Business Licensing Authority.

 

Something to contribute? Click on the pencil.
Last edited by an Administrator
Comment
« Registration of Paid Managers | Removing a Manager »