Queensland Subordinate Legislation as Made
[Index]
[Table]
[Search]
[Search this Act]
[Notes]
[Noteup]
[Previous]
[Next]
[Download]
[Help]
BODY CORPORATE AND COMMUNITY MANAGEMENT (STANDARD MODULE) REGULATION 2020 - REG 140
Term of engagement of service contractor
140 Term of engagement of service contractor
(1) The term provided for in the engagement of a person as a service
contractor, after allowing for any rights or options of extension or renewal,
must not be longer than 10 years. Example— The engagement of a service
contractor begins on 1 January 2021 and is for a term of 5 years with a right
of renewal of 5 years. The engagement can not end later than 31 December 2030.
(2) The body corporate may subsequently amend the engagement to include a
right or option of extension or renewal (a
"subsequent right or option" ) only if— (a) the subsequent right or option
is for not longer than 5 years; and
(b) the unexpired term of the engagement,
from the day the resolution approving the subsequent right or option is passed
by the body corporate, is not more than 10 years; and
(c) section 135 is
complied with for the amendment.
Example— The term of the engagement of a
service contractor is 10 years beginning on 1 January 2021. On 1 January 2026,
the body corporate could amend the engagement to include a right of renewal of
5 years.
(3) If the unexpired term of the engagement purports to be longer
than 10 years, it is taken to be 10 years.
(4) To remove any doubt, it is
declared that at the end of the term— (a) the engagement expires; and
(b)
the person can not act again as a service contractor without a new engagement.
AustLII: Copyright Policy
| Disclaimers
| Privacy Policy
| Feedback