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BODY CORPORATE AND COMMUNITY MANAGEMENT (SMALL SCHEMES MODULE) REGULATION 2020 - REG 28
Body corporate manager’s reports to body corporate [SM, s 78]
28 Body corporate manager’s reports to body corporate [SM, s 78]
(1) A body corporate manager engaged under this part must give to each member
of the body corporate a written report about the administration of the
community titles scheme.
(2) The report must include details of each of the
following items— (a) repairs and maintenance to the common property and body
corporate assets proposed to be carried out in the 3 months following the date
of the report;
(b) any matters— (i) known to the body corporate manager
about the condition of the common property or the body corporate assets; and
(ii) that the body corporate manager reasonably considers to be relevant to
future performance of the body corporate’s duty to maintain common property
and body corporate assets;
Note— See sections 99 and 107 .
(c) the
balance, on the date of the report, of the administrative fund and sinking
fund and a reconciliation statement for each fund;
(d) the body corporate’s
expenses, including repair and maintenance costs, for the 3 months immediately
preceding the date of the report.
(3) For subsection (2) (d) , the report
must state, for each expense— (a) the payee; and
(b) the amount; and
(c)
the date the expense was incurred; and
(d) the reason the expense was
incurred.
(4) The report must also include, as briefly as possible, a list of
decisions made by the body corporate manager under the engagement.
(5) The
report must be given within 21 days after the end of each 3 months for which
the person is engaged as a body corporate manager under this part.
(6) Also,
if asked by at least one-half of the members of the body corporate, the body
corporate manager must give all the members of the body corporate a report
containing the details mentioned in subsections (2) to (4) .
(7) A request
under subsection (6) — (a) must be in writing; and
(b) must not be made
more than once every 3 months.
(8) The body corporate manager must give the
report to the members within 21 days after receiving the request.
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