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, […]
Body Corporate Act
Body Corporate Act In Queensland, the Body Corporate and Community Management Act 1997 or BCCM Act is what most Bodies Corporate are registered under. You may see the term ‘Owners Corporation Act’ when researching on the internet, but this refers to schemes that are not registered in Queensland. The BCCM Act and Regulations set out […]