I would suspect it is one of the ways the Strata Manager(SM) covers for a low headline rate management fee.
The SM for our complex has a per unit rate for each of
- Management Fees
- Accounting sevices
- Banking management
- Disbursements
- online portal fees
- Trades compliance
Which as far as I can see serves no purpose other than to split the actual per unit management fee over a number of items, to try and make the Management fee look smaller to those who do not inspect the financial statements closely.
And agree with Jimmy on the tax statement, I ask every year why we pay for an accountant to lodge a tax return for the unit plan when we have no income.
Note this is for an ACT complex