27Functions of body corporate

27 Functions of body corporate (1) The body corporate has the following functions: (a) managing the common property and body corporate assets for the unit owners and unit occupiers; (b) participating in activities affecting the interest of the scheme (including, for example, activities promoting the wellbeing of the neighbourhood of the scheme land); (c) performing other functions in relation to the scheme given to the body corporate under this Act or another Act; (d) performing a function relating to paragraph (a), (b) or (c). (2) In performing its functions, the body corporate must act reasonably and in accordance with this Act and the purposes of the scheme.