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BODY CORPORATE AND COMMUNITY MANAGEMENT (STANDARD MODULE) REGULATION 2020 - REG 137

Form of engagement

137 Form of engagement

(1) The engagement of a person as a body corporate manager or service contractor is void if the engagement does not comply with the requirements stated in subsection (2) .
(2) The engagement must be in writing and state—
(a) the term of the engagement, including—
(i) when the term begins and when it ends; and
(ii) the term of any right or option of extension or renewal of the engagement; and
(b) the functions the body corporate manager or service contractor is required or authorised to carry out; and
(c) the basis for working out payment for the body corporate manager’s or service contractor’s services; and
Examples—
1 A body corporate manager’s payment could be calculated on the basis of an amount per lot.
2 A body corporate manager’s payment could include charges calculated on the basis of a stated amount per telephone inquiry or a stated amount for attendance fees for additional committee or general meetings.
(d) for an engagement of a body corporate manager—any powers of an executive member of the committee the body corporate manager is authorised to exercise.
(3) The engagement must not be in the form of a by-law.



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