(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.