Tuesday, September 29, 2020

Body Corporate And Community Management Act 1997

Chapter 3
Part 2
Division 3
Section 122

Regulation module | Section 122

(1)The regulation module applying to a community titles scheme may prescribe all or any of the following things about the engagement of a person as a body corporate manager or service contractor, or the authorisation of a person as a letting agent, for the scheme—

(a)requirements with which the engagement or authorisation must comply, including, for example, the term of the engagement or authorisation;

(b)consequences of not complying with the requirements mentioned in paragraph (a);

(c)extending or renewing the engagement or authorisation;

(d)particular circumstances under which the engagement or authorisation may or may not be terminated or transferred, despite anything in the engagement or authorisation or in another agreement or arrangement;

(e)disclosure requirements;

(f)provisions about the occupation of common property for the engagement or authorisation, including whether the provisions are the only way in which the occupation may be authorised;

(g)matters about a service contractor’s right of access over common property for performing obligations, other than an obligation to supply utility services, under the engagement.

(2)Subsection (3) applies to an engagement or authorisation if section 113 has previously applied to—

(a)the engagement or authorisation; or

(b)the extension of the term of the engagement or authorisation.

(3)The regulation module applying to a community titles scheme may also provide for the payment of an amount to the body corporate by the service contractor or letting agent under the engagement or authorisation if any rights under the engagement or authorisation are transferred to another entity within a period prescribed under the regulation module.

© Sourced from the Queensland Legislation website at 1 April 2020. For the latest information on Queensland Government legislation please go to https://www.legislation.qld.gov.au.

Disclaimer: Reproduced from the Body Corporate and Community Management Act 1997. This website does not give legal advice or other professional advice. You should seek legal or other professional advice before acting and not rely on any of the content on this website.

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