#82795
Jimmy-T
Keymaster

    This is covered by section 50 of the Act which basically allows the maximum three-year contract to be rolled over three months at a time, in the absence of a strata scheme’s decision to terminate or renew. Once you are in the roll-over period, you have to give the manager one month’s notice of a decision to terminate.  It is designed to ensure schemes have a manger in place even when the maximum term is up and they haven’t got round to re-appointing or choosing a new one. These roll-overs can’t extend beyond the next AGM.

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