(1) For the purposes
of section 100(2A)(a)(iii), the 10 year plan for a designated strata
company must include the following information —
(a) the
name of the strata company and the address of the strata titles scheme;
(b) the
name and address of the person or persons who prepared the plan;
(c) if
the strata company employs or engages a person to prepare the plan — the
qualifications (if any) of each individual who prepares the plan or is
involved in preparing the plan on behalf of that person;
(d) the
period covered by the plan;
(e) a
list of the items of common property, and personal property of the strata
company, that the strata company anticipates will require maintenance, repair,
renewal or replacement in the period covered by the plan (the covered items );
(f) a
report about the condition of the covered items and the anticipated
maintenance, repair, renewal or replacement requirements of the covered items
in the period covered by the plan (a condition report );
(g) the
method by which the estimated costs for the maintenance, repair, renewal or
replacement of the covered items, as set out in the 10 year plan, were
determined, including any assumptions underlying that determination;
(h) a
plan or recommendation for the funding of the estimated costs for the
maintenance, repairs, renewal or replacement of the covered items.
(2) The list of
covered items dealt with by the plan must include any items of value that form
part of the common property or the personal property of the strata company
which, in the opinion of the strata company, should be included in the plan
having regard to the maintenance, repair, renewal or replacement that it is
anticipated will be required in the period covered by the plan.
(3) Without limiting
subregulation (2), the following items are items of value that may be
included in the plan —
(a)
roofs and gutters;
(b)
walls (including retaining walls);
(c)
floors;
(d)
ceilings;
(e)
windows, eaves, flashings, soffits and window sills;
(f)
downpipes;
(g)
foundations of buildings;
(h)
driveways;
(i)
footpaths;
(j)
steps;
(k)
stairs and stair railings;
(l)
doors and doorways (including fire doors);
(m)
lighting;
(n)
storage or plant rooms;
(o)
fencing and gates;
(p)
balconies, railings and balustrades;
(q)
lifts;
(r)
ventilation;
(s) fire
services, fire alarms and fire hoses;
(t) air
conditioning systems;
(u)
building and ancillary structures;
(v)
utility conduits and services;
(w)
garbage disposal;
(x)
hot water systems;
(y)
electrical systems;
(z) post
boxes;
(za)
security components;
(zb)
swimming pools, spas and pumps or filters;
(zc)
water bores and water tanks;
(zd)
back flow devices and pumping devices;
(ze) car
stackers;
(zf)
roof access safety equipment;
(zg)
solar and other sustainability infrastructure;
(zh)
disability access facilities.
(4) The covered items
may be itemised separately or grouped together in any way that the strata
company considers appropriate.
(5) A condition report
may relate to a single covered item or a group of covered items.
(6) A condition report
must include such of the following information about a covered item or items
as the strata company considers appropriate, having regard to the design, age
and overall condition of the strata titles scheme —
(a) the
date of installation, construction or acquisition (if known);
(b) the
present condition or operating state (including whether working or not);
(c) the
date on which an inspection was last undertaken;
(d)
details of any maintenance, repair, renewal or replacement that is anticipated
to be required in the period of the plan;
(e) the
date or dates on which it is estimated that maintenance, repair, renewal or
replacement is likely to be required in the period of the plan;
(f)
details of the estimated cost of maintenance, repair, renewal or replacement;
(g) the
estimated lifespan of the covered item or items once maintained, repaired,
renewed or replaced.
(7) The first
10 year plan for a designated strata company must be submitted for
approval at the first annual general meeting of the strata company.
Notes for this regulation:
1.
Section 100(2A) requires the 10 year plan to set out the estimated
costs for the maintenance, repairs, renewal or replacement of the common
property and personal property to which the plan relates.
2. Personal property
of the strata company may include items like vehicles, computers, gardening or
maintenance equipment and signage.
3. A strata company
that chooses to employ or engage a person to prepare the 10 year plan may
decide what qualifications (if any) are appropriate to that role.