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[Jimmy-T]

There’s a lot of talk around at the moment about rent and mortgage support, to help individuals and families whose income has been hit by the coronavirus.

We touched on it in the answer to this post in the Forum, where we point out it’s not as simple as saying “Ok, take a break from paying your levies this …
https://www.flatchat.com.au/lost-levies/

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[Ziggy]

Another email from my Strata Manager refusing to send me a copy of the latest financial statements. Says it’s up to the Strata Committee!

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[Jimmy-T]

Section 182 of the strata Act makes it clear that owners are entitled to ask to see the records of the strata scheme and the committee is obliged to comply.  The list of documents that must be produst is exhaustive. Failure to comply makes the committee subject to fines of $550 as well as liable to potential action under section 232 (2) of the Act (Failure to exercise a function).

Arguments about matters being “commercial in confidence” or subject to privacy concerns are entirely bogus.

If I were you, I’d give the committee seven days to produce the goods or face proceedings at Fair Trading.

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[pukoh]

I thought you couldn’t use capital fund to pay for stuff that should be admin fund?

you could “borrow” from the capital fund, but will need to pay it back.

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[Ziggy]

Thanks Jimmy. Do I have to pay to get a copy of the financial statements? They have been sent to me for free on numerous occasions prior to this particular request.

An SC member now says I have to pay for them!

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[Jimmy-T]

There is a standard fee (around $30) for viewing strata documents. Photocopying and posting, faxing or scanning and emailing would attract additional fees.

If you want to be alerted when anyone replies to your posts or responds to this topic, please register and login, then you will be able to subscribe to the topic. The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers. NB: Longer threads may spill over to additional pages - look for the numbers on the bottom right, under the last post.

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