Body Corporate and Community Management (Small Schemes Module) Regulation 2020
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Body Corporate and Community Management (Small Schemes Module) Regulation 2020
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A body corporate must include a defect assessment motion on the agenda for the next annual general meeting of the body corporate that is called after the first annual general meeting. Under section 92 , each owner of a lot must be given copies of at least 2 quotations for proposals to carry out work or supply personal property or services if the cost of the proposal is more than the relevant limit for major spending for the community titles scheme. For a body corporate for a scheme that is intended to be developed progressively, the body corporate must include a defect assessment motion on the agenda for the annual general meeting that is called immediately after— a request to record a new community management statement for the scheme is lodged under section 56 of the Act ; or property, other than body corporate assets the body corporate must insure, for full replacement value, under section 116 (1) , 117 (2) or 118 (2) , is included on scheme land. (sec.100-ssec.1) A body corporate must include a defect assessment motion on the agenda for the next annual general meeting of the body corporate that is called after the first annual general meeting. Under section 92 , each owner of a lot must be given copies of at least 2 quotations for proposals to carry out work or supply personal property or services if the cost of the proposal is more than the relevant limit for major spending for the community titles scheme. (sec.100-ssec.2) For a body corporate for a scheme that is intended to be developed progressively, the body corporate must include a defect assessment motion on the agenda for the annual general meeting that is called immediately after— a request to record a new community management statement for the scheme is lodged under section 56 of the Act ; or property, other than body corporate assets the body corporate must insure, for full replacement value, under section 116 (1) , 117 (2) or 118 (2) , is included on scheme land.