#### 78 Accounts of owners corporation 78 Accounts of owners corporation > > (1) An owners corporation must pay any amounts that are received by it and are not otherwise invested in accordance with this Act into an account established in an authorised deposit-taking institution in the name of the owners corporation. > > > (2) This section does not apply to an owners corporation that has appointed a strata managing agent to whom the duty of the owners corporation under this section is delegated in accordance with this Act.

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Section 78 - Strata Schemes Management Act 2015 - Accounts of owners corporation — Zoe