The body corporate may require the transfer of the letting agent’s management rights under this division based on either of the following grounds—
(a)the letting agent failed to comply with a code contravention notice;
(b)the body corporate reasonably believes the letting agent, after being given the notice, contravened a provision of the code of conduct for—
(i)letting agents; or
(ii)body corporate managers and caretaking service contractors.
See schedule 2 for the code of conduct for body corporate managers and caretaking service contractors and schedule 3 for the code of conduct for letting agents.