Queensland Consolidated Acts

BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 127

127 Agreements between body corporate and financier prohibited

(1) A financier for a financed contract must not enter into an agreement or other arrangement with the body corporate under the contract for a matter about—

(a) the role of the financier for the contract; or

(b) arrangements entered into between the financier and contractor for the contract under which the financier is acting, or may act, under the contract in the place of the contractor; or

(c) the operation of this division in relation to the contract.

(2) An agreement or arrangement is void to the extent it contravenes this section.