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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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Turn the raw legal text into a practical explanation grounded in Body Corporate and Community Management (Small Schemes Module) Regulation 2020.
The term provided for in the engagement of a person as a body corporate manager, after allowing for any rights or options of extension or renewal, whether provided for in the engagement or subsequently agreed to, must not be longer than 1 year. The engagement of a body corporate manager begins on 1 January 2020 and is for a term of 1 year. The engagement can not end later than 31 December 2020. If the term purports to be longer than 1 year, it is taken to be 1 year. To remove any doubt, it is declared that at the end of the term— the engagement expires; and the person can not act again as the body corporate manager without a new engagement. (sec.68-ssec.1) The term provided for in the engagement of a person as a body corporate manager, after allowing for any rights or options of extension or renewal, whether provided for in the engagement or subsequently agreed to, must not be longer than 1 year. The engagement of a body corporate manager begins on 1 January 2020 and is for a term of 1 year. The engagement can not end later than 31 December 2020. (sec.68-ssec.2) If the term purports to be longer than 1 year, it is taken to be 1 year. (sec.68-ssec.3) To remove any doubt, it is declared that at the end of the term— the engagement expires; and the person can not act again as the body corporate manager without a new engagement.