(1) An owners corporation for a units plan has the following functions:
(a) the enforcement of its rules;
(b) the control, management and administration of the common property;
(c) any other function given to the corporation under this Act or another territory law.
Note 1 The executive committee of an owners corporation exercises the functions of the corporation (see s 35 (1)). The executive committee must exercise its functions in accordance with any decision made by the owners corporation at a general meeting (see s 35 (3)).
Note 2 A provision of a law that gives an entity (including a person) a function also gives the entity powers necessary and convenient to exercise the function (see Legislation Act
, s 196 and dict, pt 1, def entity ).
(2) The owners corporation must comply with all applicable laws in force in the Territory.