New South Wales Consolidated Acts

COMMUNITY LAND MANAGEMENT ACT 2021 - SECT 7

7 Association responsible for management of scheme

(1) The association for a scheme has the principal authority for the management of the scheme.

(2) An association has, for the benefit of members of, and owners of lots in, the scheme--

(a) the management and control of the use of the association property, and

(b) the administration of the scheme.

(3) An association has responsibility for the following--

(a) managing the finances of the scheme (see Part 5),

(b) keeping accounts and records for the scheme (see Parts 5 and 10),

(c) maintaining and repairing its property (see Part 6),

(d) taking out insurance for the scheme (see Part 9).