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BODY CORPORATE AND COMMUNITY MANAGEMENT (BODY CORPORATE CERTIFICATES) AND OTHER LEGISLATION AMENDMENT REGULATION 2024 - REG 24

Insertion of new s 10A

24 Insertion of new s 10A

After section 10
insert—

10A Matters that must be included in approved form for body corporate certificate—Act, s 40AA
(1) For section 40AA(5)(a) of the Act, the following matters relating to a lot are prescribed—
(a) details of the lot, including—
(i) whether the lot is shown on a building units plan or a group titles plan; and
(ii) the lot number and plan number;
(b) details of the plan, including—
(i) the name of the building or parcel endorsed on the plan; and
(ii) the number of the plan; and
(iii) the specified Act that applies in relation to the plan;
(c) the name and contact details of the secretary of the body corporate;
(d) the name and contact details of any body corporate manager for the body corporate;
(e) amounts associated with ownership of the lot that are payable to the body corporate, including amounts payable under a by-law made under section 30(7) of the Act;
(f) contributions determined by the body corporate under section 38A(1), (2), (3) and (5) of the Act;
(g) an amount determined under section 38A(4) of the Act;
(h) any unpaid amount of—
(i) an amount payable under a by-law made under section 30(7) of the Act; or
(ii) an amount recoverable under section 33(3) or (4) of the Act; or
(iii) a contribution levied under section 38B of the Act; or
(iv) a contribution levied under section 124(2) of the Act; or
(v) another amount associated with ownership of the lot that is payable to the body corporate;
(i) the lot entitlement of every lot the subject of the plan;
(j) the aggregate lot entitlement for the plan;
(k) any arrangement entered into between the body corporate and another entity for the conduct of a business by the entity of letting lots on behalf of proprietors;
(l) any arrangement that—
(i) is entered into between the body corporate and an entity who has entered into an arrangement mentioned in paragraph (k); and
(ii) is for the entity to carry out maintenance and repair for which the body corporate is responsible;
(m) the by-laws in force for the plan;
(n) the body corporate’s sinking fund balance;
(o) the insurance held by the body corporate;
(p) the most recent statement of accounts prepared under section 38D(1)(c) of the Act;
(q) any arrangement to supply electricity to proprietors of lots or occupiers of lots through an embedded electricity network;
(r) improvements in or on the common property for which a person will become responsible under section 37A(2) of the Act for properly maintaining and keeping in a state of good and serviceable repair if the person becomes the proprietor of the lot;
(s) personal property vested in the body corporate.
(2) The approved form may include provision for the following documents to be given with the form—
(a) a document stating the details of each insurance policy held by the body corporate;
(b) a document setting out the by-laws mentioned in subsection (1)(m) in consolidated form;
(c) a copy of the statement of accounts mentioned in subsection (1)(p).
(3) In this section—

"specified Act" see section 5A(3) of the Act.



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