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BODY CORPORATE AND COMMUNITY MANAGEMENT (ACCOMMODATION MODULE) REGULATION 2020 - REG 145
Disclosure of associate contract [SM, s 155]
145 Disclosure of associate contract [SM, s 155]
(1) This section applies if— (a) the body corporate is a party to a
contract; and
(b) the contract is for the supply of goods or services from a
person (the
"provider" ); and
(c) the provider is an associate of a relevant person; and
(d) the relevant person is aware of the matters mentioned in paragraphs (a) to
(c) ; and
(e) to the knowledge of the relevant person, the body corporate has
never been informed, or otherwise become aware, that the provider is an
associate of the relevant person.
(2) The relevant person must, in the
shortest practicable time after this section commences to apply, give written
notice to the body corporate— (a) identifying the contract; and
(b)
disclosing the relationship between the relevant person and the provider.
Penalty— Maximum penalty—20 penalty units.
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