Wednesday, September 30, 2020

Strata Schemes Management Act 2015 No 50

Part 4
Division 3
Section 59

Provision of information about money received and other transactions | Section 59

(1)  An owners corporation may require a strata managing agent to provide—

(a)  full particulars relating to the payment of money to, or the receipt of money by, the agent on behalf of the owners corporation, and

(b)  if the money is not still held by the agent, the manner and time of disposal of the money.

(2)  An owners corporation may require a strata managing agent to provide full particulars of any specified transaction that has been entered into by the agent on behalf of the owners corporation.

© State of New South Wales Department of Customer Service. For current information go to www.nsw.gov.au.

Disclaimer: Reproduced from the Strata Schemes Management Act 2015 . 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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