(1) A strata manager
of a strata company —
(a) must
at all times act honestly and in good faith in the performance of the strata
manager’s functions; and
(b) must
at all times exercise a reasonable degree of skill, care and diligence in the
performance of the strata manager’s functions; and
(c) must
have a good working knowledge of this Act; and
(d) must
not make improper use of information acquired as the strata company’s
strata manager —
(i)
to gain, directly or indirectly, an advantage for the
strata manager or any other person; or
(ii)
to cause detriment to the strata company or a member of
the strata company;
and
(e) must
not make improper use of the position of strata manager —
(i)
to gain, directly or indirectly, an advantage for the
strata manager or any other person; or
(ii)
to cause detriment to the strata company or a member of
the strata company;
and
(f) must
take reasonable steps to ensure that the strata manager’s agents,
employees and contractors comply with this Act when performing the strata
manager’s functions.
(2) A strata manager
of a strata company —
(a) must
inform the strata company in writing of any direct or indirect pecuniary or
other interest that the strata manager has that conflicts or may conflict with
the performance of the strata manager’s functions; and
(b) must
do so as soon as is practicable after the strata manager becomes aware of the
relevant facts.
[Section 146 inserted: No. 30 of 2018 s. 83.]