70ADuties of building managers

70A Duties of building managers

70A Duties of building managers

(1) A building manager must not, without reasonable excuse—

(a) fail to act in the best interests of the owners corporation, or

(b) breach a duty prescribed by the regulations.

Maximum penalty—

(a) for an individual—100 penalty units, or

(b) otherwise—200 penalty units.

(2) A building manager is not required to act in the owners corporation’s best interests if it would be—

(a) contrary to this Act or the regulations, or

(b) otherwise unlawful.

(3) The regulations may prescribe additional duties of building managers.

s 70A: Ins 2025 No 14, Sch 1[20].