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STRATA TITLES (GENERAL) REGULATIONS 2019 - SCHEDULE 4

[r. 95, 97]

1 .         Terms used

                In this Schedule —

        designated person means a designated person in relation to a strata manager who has a key role in performing scheme functions but who is not a principal of the business of the strata manager;

        qualified person means —

            (a)         a person who holds a licence as a real estate agent under the Real Estate and Business Agents Act 1978 or who has obtained the necessary qualifications to hold that licence; or

            (b)         a local legal practitioner; or

            (c)         a person who holds a CPP40307 Certificate IV in Property Services (Real Estate); or

            (d)         a person who holds a CPP40611 Certificate IV in Property Services (Operations); or

            (e)         a person who holds a CPP41419 Certificate IV in Real Estate Practice.

2 .         Principal of business

        (1)         If the principal of the business of the strata manager is not a qualified person, the principal must hold a Certificate IV in Strata Community Management.

        (2)         If the principal of the business of the strata manager is a qualified person, the principal must have completed —

            (a)         the following 2 units in Certificate IV Strata Community Management —

                  (i)         CPPDSM3017 Work in the strata community management sector;

                  (ii)         CPPCMN4008 Read plans, drawings and specifications for residential buildings;

                and

            (b)         at least 2 of the following units in Certificate IV Strata Community Management —

                  (i)         CPPDSM4084 Administer insurance for strata communities;

                  (ii)         CPPDSM4085 Handle strata community funds held on trust;

                  (iii)         CPPDSM4086 Oversee preparation of strata community budgets;

                  (iv)         CPPDSM4087 Facilitate operation of owners committee;

                  (v)         CPPDSM4082 Monitor service requirements of owners and occupiers in strata communities;

                  (vi)         CPPDSM4045 Facilitate meetings in the property industry;

                  (vii)         CPPDSM3020 Source and extract information from strata plans;

                  (viii)         BSBFIA412 Report on financial activity.

3 .         Designated person

        (1)         If a designated person is not a qualified person, the designated person must have completed —

            (a)         the following 2 units in Certificate IV Strata Community Management —

                  (i)         CPPDSM3017 Work in the strata community management sector;

                  (ii)         CPPCMN4008 Read plans, drawings and specifications for residential buildings;

                and

            (b)         at least 6 of the following units in Certificate IV Strata Community Management —

                  (i)         CPPDSM4084 Administer insurance for strata communities;

                  (ii)         CPPDSM4085 Handle strata community funds held on trust;

                  (iii)         CPPDSM4086 Oversee preparation of strata community budgets;

                  (iv)         CPPDSM4087 Facilitate operation of owners committee;

                  (v)         CPPDSM4082 Monitor service requirements of owners and occupiers in strata communities;

                  (vi)         CPPDSM4045 Facilitate meetings in the property industry;

                  (vii)         CPPDSM3020 Source and extract information from strata plans;

                  (viii)         BSBFIA412 Report on financial activity.

        (2)         If a designated person is a qualified person, the designated person must have completed —

            (a)         the following 2 units in Certificate IV Strata Community Management —

                  (i)         CPPDSM3017 Work in the strata community management sector;

                  (ii)         CPPCMN4008 Read plans, drawings and specifications for residential buildings;

                and

            (b)         at least 1 of the following units in Certificate IV Strata Community Management —

                  (i)         CPPDSM4084 Administer insurance for strata communities;

                  (ii)         CPPDSM4085 Handle strata community funds held on trust;

                  (iii)         CPPDSM4086 Oversee preparation of strata community budgets;

                  (iv)         CPPDSM4087 Facilitate operation of owners committee;

                  (v)         CPPDSM4082 Monitor service requirements of owners and occupiers in strata;

                  (vi)         CPPDSM4045 Facilitate meetings in the property industry;

                  (vii)         CPPDSM3020 Source and extract information from strata plans;

                  (viii)         BSBFIA412 Report on financial activity.

4 .         Changes to titles of units

                For the purposes of this Schedule, a person is taken to have completed a unit of a particular title in Certificate IV Strata Community Management if the person has completed —

            (a)         a unit in Certificate IV Strata Community Management of a different title that supersedes it, but only if the unit completed is equivalent according to the National Register on Vocational Education and Training (VET) in Australia; or

            (b)         a unit in Certificate IV Strata Community Management of a different title that was superseded by it, but only if the unit completed is equivalent according to the National Register on Vocational Education and Training (VET) in Australia.



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