Mixed Use Development Act 1993
sec.188ACWhen executive committee member may receive particular benefits
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sec.188AC When executive committee member may receive particular benefits
A member of an executive committee may receive a direct or indirect benefit from a service contractor only if— the benefit is the supply of, or payment for— a service that the body corporate has engaged the contractor to provide; or a service that an owner of a lot has engaged the contractor to provide at market price; or a gardening or maintenance service provided by a service contractor to lot owners for a service contractor that is a caretaking service contractor—the benefit is the supply of, or payment for, a letting agent business service conducted by the contractor; or the body corporate has authorised the member, by ordinary resolution, to receive the benefit. s 188AC ins 2022 No. 28 s 43
- (a) the benefit is the supply of, or payment for— (i) a service that the body corporate has engaged the contractor to provide; or (ii) a service that an owner of a lot has engaged the contractor to provide at market price; or Example for subparagraph (ii) — a gardening or maintenance service provided by a service contractor to lot owners
- (i) a service that the body corporate has engaged the contractor to provide; or
- (ii) a service that an owner of a lot has engaged the contractor to provide at market price; or Example for subparagraph (ii) — a gardening or maintenance service provided by a service contractor to lot owners
- (b) for a service contractor that is a caretaking service contractor—the benefit is the supply of, or payment for, a letting agent business service conducted by the contractor; or
- (c) the body corporate has authorised the member, by ordinary resolution, to receive the benefit.
- (i) a service that the body corporate has engaged the contractor to provide; or
- (ii) a service that an owner of a lot has engaged the contractor to provide at market price; or Example for subparagraph (ii) — a gardening or maintenance service provided by a service contractor to lot owners