(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--
(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 159 (Duties of body corporate about common property--Act, s 152) and 165 (Duties of body corporate about body corporate assets--Act, s 152).
(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, the following--
(a) the payee;
(b) the amount;
(c) the date the expense was incurred;
(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 written; 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.