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In its current form with no transparency, Victorian Owners Corporation Act 2006 had facilitated overcharging lot owners by service providers supplied and chosen by Committee members. It is a form of robbery in daylight of lot owners by their elected Chairman and with the acquiescence by the Manager.
These robbery in daylight of lot owners is currently one terrible features of Victorian OC Act 2006. It may be bad enough to send property investors out of the Victorian flats/units market.
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