An owners corporation for a strata scheme must properly maintain and keep in a state of good and serviceable repair the common property and any personal property vested in the owners corporation.
An owners corporation must renew or replace any fixtures or fittings comprised in the common property and any personal property vested in the owners corporation.
This section does not apply to a particular item of property if the owners corporation determines by special resolution that—
it is inappropriate to maintain, renew, replace or repair the property, and
its decision will not affect the safety of any building, structure or common property in the strata scheme or detract from the appearance of any property in the strata scheme.
If an owners corporation has taken action against an owner or other person in respect of damage to the common property, it may defer compliance with subsection (1) or (2) in relation to the damage to the property until the completion of the action if the failure to comply will not affect the safety of any building, structure or common property in the strata scheme.
An owner of a lot in a strata scheme may recover from the owners corporation, as damages for breach of statutory duty, any reasonably foreseeable loss suffered by the owner as a result of a contravention of this section by the owners corporation.
An owner may not bring an action under this section for breach of a statutory duty more than 2 years after the owner first becomes aware of the loss.
This section is subject to the provisions of any common property memorandum adopted by the by-laws for the strata scheme under this Division, any common property rights by-law or any by-law made under section 108.
This section does not affect any duty or right of the owners corporation under any other law.