101Persons who can exercise functions relating to the finances and accounts of the owners corporation

#### 101 Persons who can exercise functions relating to the finances and accounts of the owners corporation 101 Persons who can exercise functions relating to the finances and accounts of the owners corporation > A person must not exercise any of the functions of an owners corporation or the treasurer of an owners corporation relating to the receipt or expenditure of, or accounting for, money of the owners corporation or the keeping of the books of account of the owners corporation unless the person is— > > > (a) the treasurer of the owners corporation, or > > > (b) a strata managing agent who is empowered to exercise the function, or > > > (c) a person with whom the treasurer of the owners corporation is required by a decision of the strata committee to exercise the function jointly, and who is enabling the treasurer to comply with the decision, or > > > (d) a member of CPA Australia, or a member of the Institute of Chartered Accountants Australia and New Zealand, authorised by the owners corporation to exercise the function, or > > > (e) a member of the Institute of Public Accountants authorised by the owners corporation to exercise the function, or > > > (f) during the initial period only—a person authorised by the owners corporation to exercise the function. > > Maximum penalty—5 penalty units.