Part 1 Introduction

Introductory note. This Part provides an overview of the Chapter.

8   Who manages a strata scheme?

(1)  On the registration of a strata plan for a strata scheme, there is established an owners corporation for the strata scheme in accordance with Part 2.

(2)  An owners corporation for a strata scheme has the principal responsibility for the management of the scheme.

Note. Strata plans for freehold strata schemes are registered under section 8 of the Strata Schemes (Freehold Development) Act 1973 and strata plans for leasehold strata schemes are registered under section 7 of the Strata Schemes (Leasehold Development) Act 1986.

An owners corporation for a strata scheme is the same as a body corporate for a strata scheme previously established under the Strata Schemes (Freehold Development) Act 1973 or the Strata Schemes (Leasehold Development) Act 1986.

9   Who else may be involved in managing a strata scheme?

The owners corporation may be assisted in the carrying out of its management functions under this Act by any one or more of the following:

(a)  the executive committee of the owners corporation established in accordance with Part 3,

(b)  a strata managing agent appointed in accordance with Part 4,

(c)  a caretaker appointed in accordance with Part 4A.

10   What rules govern a strata scheme?

On the registration of a strata plan for a strata scheme, a set of by-laws applies to the strata scheme as provided by Part 5.