South Australian Current Acts South Australian Current Acts (1) For the avoidance
of doubt—
(a) the
body corporate manager stands in a fiduciary relationship with the
strata corporation; and
(b) the
duties owed by the body corporate manager under this Act are in addition to,
and do not derogate from, the duties arising out of that fiduciary
relationship.
(2) Without derogating
from subsection (1), a body corporate manager—
(a) must
act honestly and in good faith in the performance of the manager's functions;
and
(b) must
exercise due care and diligence in the performance of the manager's functions;
and
(c) must
not make improper use of the manager's position to gain, directly or
indirectly, an advantage personally or for any other person.