151Owners corporation certificate

151 Owners corporation certificate

(1) Any person may apply to the owners corporation for an owners corporation certificate.

S. 151(2) amended by Nos 2/2008 s. 18, 33/2014 s. 7(1).

(2) The application must be in writing and must be accompanied by the fee determined by the owners corporation, which must not exceed the relevant prescribed fee.

The Electronic Transactions (Victoria) Act 2000 enables this application to be made electronically.

(3) The owners corporation must issue an owners corporation certificate within 10 business days after it receives an application and fee under this section.

(4) An owners corporation certificate must—

(a) contain the prescribed information relating to the owners corporation and a lot which must include the prescribed information relating to—

(i) fees payable in respect of the lot;

(ii) fees and charges that are imposed or proposed to be imposed on the lot;

(iii) fees and other money owing in respect of the lot;

(iv) insurance;

(v) repairs and maintenance;

(vi) the funds held by the owners corporation;

(vii) liabilities and contingent liabilities of the owners corporation including any liabilities or contingent liabilities arising from legal proceedings;

(viii) contracts, leases, licences and agreements affecting the common property;

(ix) services provided to lot owners and occupiers and the public;

(x) notices and orders served on the owners corporation;

(xi) legal proceedings to which the owners corporation is a party;

(xii) the manager;

(xiii) any appointment of an administrator; and

(b) be accompanied by—

(i) a copy of the rules, or, if the rules have been amended the consolidated rules of the owners corporation as recorded on the Register; and

(ii) a statement in the prescribed form providing advice and information to prospective purchasers and lot owners; and

(iii) a copy of all resolutions made at the last annual general meeting of the owners corporation; and

(iv) any other documents of a prescribed kind; and

S. 151(4)(b)(v) amended by Nos 1/2010 s. 40(1), 4/2021 s. 64(a).

(v) a statement advising that further information on prescribed matters can be obtained by inspection of the owners corporation register.

S. 151(4)(c) inserted by No. 1/2010 s. 40(2), repealed by No. 4/2021 s. 64(b).

S. 151(5) inserted by No. 33/2014 s. 7(2).