Queensland Consolidated Acts

BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 144

144 Terms of service contract on transfer

(1) This section applies to a service contract (the
"transferred service contract" ) transferred to a person (the
"transferee" ) under section 141 or 143 .

(2) Unless the body corporate and transferee agree otherwise, the terms of the transferred service contract are—

(a) the terms applying to the service contract under subsection (3) ; or

(b) if paragraph (a) does not apply—the terms applying to the service contract immediately before the transfer (the
"existing terms" ).

(3) The terms of the transferred service contract are the existing terms as changed under a review advice about the contract if—

(a) the review advice states how the contract’s reviewable terms should be changed to ensure they are fair and reasonable; and

(b) the body corporate gave the letting agent a copy of the review advice as required under section 149 (1) .