Body Corporate and Community Management (Accommodation Module) Regulation 2020
sec.138Transferor who claims transfer fee is not payable under s 137 (3) must advise body corporate [SM, s 148 ]
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sec.138 Transferor who claims transfer fee is not payable under s 137 (3) must advise body corporate [SM, s 148 ]
This section applies if a transferor claims that a transfer fee that is otherwise payable under section 137 is not payable for a reason mentioned in section 137 (3) (a) or (b) . The transferor must, when seeking the approval of the body corporate to a transfer of the transferor’s rights under an engagement or authorisation to another entity within the prescribed period— advise the body corporate of any claim in writing when seeking the approval for the transfer; and give the body corporate the information or documents that the transferor relies on to support the claim. (sec.138-ssec.1) This section applies if a transferor claims that a transfer fee that is otherwise payable under section 137 is not payable for a reason mentioned in section 137 (3) (a) or (b) . (sec.138-ssec.2) The transferor must, when seeking the approval of the body corporate to a transfer of the transferor’s rights under an engagement or authorisation to another entity within the prescribed period— advise the body corporate of any claim in writing when seeking the approval for the transfer; and give the body corporate the information or documents that the transferor relies on to support the claim.
- (a) advise the body corporate of any claim in writing when seeking the approval for the transfer; and
- (b) give the body corporate the information or documents that the transferor relies on to support the claim.