Codes of Conduct can be both a shield and a sword. Codes of Conduct are useful for situations where owners sometimes mistakenly and/or maliciously accuse the committee of breaches of codes of conduct.
An interpretation of the meaning of these provisions is here:
https://www.mystrata.com/doc-store/Code_of_Conduct_for_Committees_Aug_07.pdf
I am not sure about other States but the QLD BCCMA also has codes of conduct for other parties associated with the body corporate schemes:
SCHEDULE 2–CODE OF CONDUCT FOR BODY CORPORATE MANAGERS AND CARETAKING SERVICE CONTRACTORS 1. Knowledge of Act, including code 2. Honesty, fairness and professionalism 3. Skill, care and diligence 4. Acting in body corporate’s best interests 5. Keeping body corporate informed of developments 6. Ensuring employees comply with Act and code 7. Fraudulent or misleading conduct 8. Unconscionable conduct 9. Conflict of duty or interest 10. Goods and services to be supplied at competitive prices 11. Body corporate manager to demonstrate keeping of particular records
SCHEDULE 3–CODE OF CONDUCT FOR LETTING AGENTS 1. Honesty, fairness and professionalism 2. Skill, care and diligence 3. Acting in body corporate’s and individual lot owner’s best interests 4. Ensuring employees comply with Act and code 5. Fraudulent or misleading conduct 6. Unconscionable conduct 7. Nuisances 8. Goods and services to be supplied at competitive prices