#76284
Jimmy-T
Keymaster

    STRATA SCHEMES MANAGEMENT ACT 2015 – SECT 55 Strata managing agent to record exercise of functions

    Just in case you are unfamiliar with the Act, this is what it says:

    55   Strata managing agent to record exercise of functions

    (1)  A strata managing agent who exercises a function of the owners corporation or of an officer of the owners corporation must, immediately after its exercise, make a record specifying the function and the manner in which it was exercised.

    (2)  The strata managing agent must give a copy of the records kept for the preceding 12 months to the owners corporation at least once each year.

    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.