sec.132Procedure for review

sec.132 Procedure for review

Within 2 months after requesting the review, the reviewing party who requested it must— obtain from an appropriate person independent written advice (the review advice ), based on the review criteria, about the matters mentioned in section 131 (a) and (b) ; and give a copy of the advice to the other reviewing party. a person who, in the ordinary course of the person’s business, has knowledge of the functions and powers of service contractors and the remuneration for performing the functions and powers The review must be carried out having regard to the review criteria. The body corporate’s final decision about the outcome of the review must be made by ordinary resolution. The review must be finished as soon as reasonably practicable after a copy of the review advice is given to a reviewing party under subsection (1) (b) and— before the term of the engagement as service contractor ends; and within the review period. s 132 prev s 132 amd 2003 No. 6 s 3 sch om 2003 No. 6 s 3 sch def subsequent statement om 2003 No. 6 s 3 sch pres s 132 ins 2003 No. 6 s 49 (sec.132-ssec.1) Within 2 months after requesting the review, the reviewing party who requested it must— obtain from an appropriate person independent written advice (the review advice ), based on the review criteria, about the matters mentioned in section 131 (a) and (b) ; and give a copy of the advice to the other reviewing party. a person who, in the ordinary course of the person’s business, has knowledge of the functions and powers of service contractors and the remuneration for performing the functions and powers (sec.132-ssec.2) The review must be carried out having regard to the review criteria. (sec.132-ssec.3) The body corporate’s final decision about the outcome of the review must be made by ordinary resolution. (sec.132-ssec.4) The review must be finished as soon as reasonably practicable after a copy of the review advice is given to a reviewing party under subsection (1) (b) and— before the term of the engagement as service contractor ends; and within the review period.

• (a) obtain from an appropriate person independent written advice (the review advice ), based on the review criteria, about the matters mentioned in section 131 (a) and (b) ; and
• (b) give a copy of the advice to the other reviewing party.
• (a) before the term of the engagement as service contractor ends; and
• (b) within the review period.