Topic: Kickbacks for the strata management co.?

This topic has 3 replies, 3 voices, and was last updated 1 year, 9 months ago by .

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27/11/2024 at 10:29 am #77091 Reply | Quote
guestguest
Flatchatter
Hi all,

Do strata management companies have to disclose when they get some kind of kickback, commission, etc. from designating work to a particular trades company?
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27/11/2024 at 4:46 pm #77096 Reply
chesswood
Flatchatter
If you’re in NSW, the strata manager cannot receive a secret kickback or commission – see sections 249B ff of the Crimes Act.

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29/11/2024 at 9:40 am #77130 Reply
guestguest
Flatchatter
Chat-starter
Thankyou!

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30/11/2024 at 8:47 am #77154 Reply
StrataChair
Flatchatter
(from NSW)
That is very interesting. And I note it’s also a crime to offer a ‘benefit’. So both sides are in breach of the law.

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Reply To: Reply #77096 in Kickbacks for the strata management co.?

PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.