Transferring Money Between Funds (Administrative Fund & Sinking Fund)
Transferring money between funds (Standard Module) Questions regarding what the body corporate can do when there is not enough money allocated in a certain fund, in particular the transferring of money between the administrative fund and the sinking fund are common in our Office. In this article we will briefly touch on what are funds, […]
Combustible Cladding Laws in Queensland Announced
If you don’t know whether the cladding on your building is combustible (or to use the less scary word – non-conforming), you are soon going to be forced to find out. The issue over what cladding has been used on buildings crystallised after the Grenfell Tower fire in the UK in 2017. Australia’s equivalent (without […]
Body Corporate Debt Recovery Clarified
The confusion over the time limit a Body Corporate has to commence recovery of outstanding Body Corporate debts has now been clarified by the Court of Appeal. The Body Corporate and Community Management (Standard Module) Regulation 2008 says the following; If the amount of a contribution or contribution installment has been outstanding for 2 […]
Bullying in Strata
Frank Higginson from Hynes Legal writes an interesting article about the decision made by the Fair Work Commission with regards to a Chairperson of a Body Corporate Committee being ordered to stop bullying a Body Corporate Caretaker. Read more by clicking here.