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STRATA TITLES (GENERAL) REGULATIONS 2019 - REG 95

95 .         Strata manager to ensure prescribed educational qualifications are completed

        (1)         In this regulation —

        prescribed educational qualifications means —

            (a)         for a principal of the business of a strata manager — the qualifications specified in Schedule 4 clause 2; and

            (b)         for a designated person in relation to a strata manager who has a key role in performing scheme functions (but is not a principal of the business of the strata manager) — the qualifications specified in Schedule 4 clause 3.

        (2)         A strata manager must ensure that each of the following persons holds the prescribed educational qualifications —

            (a)         the principal of the business of a strata manager or, if there is more than one principal of the business of the strata manager, each of them;

            (b)         a designated person in relation to the strata manager who has a key role in performing scheme functions (but who is not a principal of the business of the strata manager).

        (3)         This regulation does not apply to a volunteer strata manager.

        Note for this regulation:

                The requirement to hold the prescribed educational qualifications does not apply until the end of a 5‑year and 6‑month transitional period set out in Part 18.

        [Regulation 95 amended: SL 2024/50 r. 6; SL 2024/209 r. 6.]



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