Western Australian Current Regulations

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STRATA TITLES (GENERAL) REGULATIONS 2019 - REG 140

140 .         Records

        (1)         The trustee must —

            (a)         make and keep a record of all amounts received into or paid from the trust account; and

            (b)         keep a copy of all claims for payment made against the trust including any invoice or other written evidence provided in support of a claim.

        (2)         The trustee must provide to the Tribunal a copy of the documents kept under subregulation (1)(a) within 7 days after receiving notice from the strata company that an application has been made to the Tribunal for confirmation of a termination resolution.

        (3)         The trustee must, within 7 days after receiving a request in writing from an owner of a lot, give to the owner written notice of the total amount that has been paid from the trust account in respect of the owner’s lot.

        (4)         The trustee must, within 7 days after receiving a request in writing from the proponent, give to the proponent a written summary, based on the records kept by the trustee under subregulation (1)(a), of amounts received into or paid from the trust account.

        (5)         The summary must not —

            (a)         identify an owner of a lot to whom or in respect of whom any payment is made; or

            (b)         identify the class of vulnerable person into which an owner of a lot falls or in respect of which a payment is made; or

            (c)         describe a service for which a payment is made.

        (6)         Subregulation (5) does not prevent the summary identifying a service for which a payment is made as an advisory service, representation service or ancillary service.



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