sec.139Term of engagement of body corporate manager

### sec.139 Term of engagement of body corporate manager 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 3 years. The engagement of a body corporate manager begins on 1 January 2021 and is for a term of 3 years. The engagement can not end later than 31 December 2023. If the term purports to be longer than 3 years, it is taken to be 3 years. 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.139-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 3 years. The engagement of a body corporate manager begins on 1 January 2021 and is for a term of 3 years. The engagement can not end later than 31 December 2023. (sec.139-ssec.2) If the term purports to be longer than 3 years, it is taken to be 3 years. (sec.139-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. - (a) the engagement expires; and - (b) the person can not act again as the body corporate manager without a new engagement.