135Financed service contract—agreement between owners

135 Financed service contract—agreement between owners corporation and financier prohibited (1) A financier for a financed service contract must not enter into an agreement or other arrangement with the owners corporation under the contract for a matter relating to— (a) the financier’s role for the contract; or (b) arrangements between the financier and service contractor under which the financier is acting, or may act, under the contract in the contractor’s place; or (c) the operation of this part in relation to the contract. (2) An agreement or arrangement to which this section applies is void to the extent it contravenes this section.

Administrators Part 10 Interested parties Division 10.1