› Flat Chat Strata Forum › From the Front Page › How to manage strata finances if levies dry up › Current Page
28/04/2020 at 1:16 pm
#49614
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.