Wednesday, September 30, 2020

Strata Schemes Management Act 2015 No 50

Part 10
Division 2
Section 182

Requests for inspection of records of owners corporation | Section 182

(1) Persons who may inspect An owner, mortgagee or covenant chargee of a lot in a strata scheme, or a person authorised by the owner, mortgagee or covenant chargee, may request the owners corporation to allow an inspection to be carried out under this section.

(2) Form of request The request must be made by written notice given to the owners corporation and be accompanied by the fee prescribed by the regulations.

(3) Items to be made available for inspection The owners corporation must make the following items available for inspection by the person who makes the request or the person’s agent—

(a)  the strata roll,

(b)  any other records or documents required to be kept under this Part,

(c)  the plans, specifications, certificates, diagrams and other documents required to be delivered to the owners corporation before its first annual general meeting by the original owner or the lessor of a leasehold strata scheme,

(d)  if in its custody or under its control, the certificate of title comprising the common property or, in the case of a leasehold strata scheme, the certificate of title for the lease of the common property,

(e)  any applicable 10-year capital works fund plan,

(f)  the last financial statements prepared,

(g)  every current policy of insurance taken out by the owners corporation and the receipt for the premium last paid for each such policy,

(h)  if a strata managing agent has been appointed, a copy of the instrument of appointment,

(i)  if a strata renewal plan has been given to owners for their consideration under Part 10 of the Strata Schemes Development Act 2015, a copy of the plan,

(j)  any other record or document in the custody or under the control of the owners corporation,

(k)  if the duties of the owners corporation under this subsection have been delegated to a strata managing agent, any other records (including records of the strata managing agent) relating to the strata scheme that are prescribed by the regulations,

(l)  if a building manager agreement is in force or has been entered into but has not yet commenced, a copy of the building manager agreement,

(m)  particulars of any service agreement entered into by the owners corporation,

(n)  particulars of any agreement entered into with a local council for a strata parking area,

(o)  if the request is made within 5 years after the end of the initial period, particulars of any orders made under section 27 and copies of any related contracts or other documents.

Maximum penalty—5 penalty units.

(4) Meeting inspections For the purpose of complying with requirements for the giving of notice of a meeting of the owners corporation, the original owner (whether or not having ceased to be an owner) or an agent authorised in writing by the original owner is entitled to inspect the strata roll without payment on making a written application.

© 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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