Western Australian Current Acts

STRATA TITLES ACT 1985 - SECT 140

140 .         Special rules for 2, 3, 4 or 5-lot schemes

        (1)         A strata company for a 2-lot scheme —

            (a)         may, but is not required to, perform a designated function; and

            (b)         cannot establish an administrative fund unless required to do so by scheme by-laws.

        (2)         The scheme by-laws for a 3, 4 or 5-lot scheme may exempt the strata company from a designated function.

        (3)         However, the Tribunal may, on application by a member of the strata company, require a strata company to perform a designated function despite this section.

        (4)         In this section —

        designated function means a function conferred under any of the following sections or included in this definition by the regulations —

Section	Description for information only
Section 100(1)(a)	Administrative fund
Section 101	Accounting records and statement of account
Section 104(1)(b)	Minutes of meetings
Section 104(3)(a)	Letterbox
Section 105(1)	Roll to be kept by strata company.

        [Section 140 inserted: No. 30 of 2018 s. 83.]