Strata Schemes Management Act 2015 No 50
Current version for 1 July 2020 to date (accessed 7 July 2020 at 16:20)
Part 2 Division 2
Division 2 Management of strata schemes
9   Owners corporation responsible for management of strata scheme
(1)  The owners corporation for a strata scheme has the principal responsibility for the management of the scheme.
(2)  The owners corporation has, for the benefit of the owners of lots in the strata scheme—
(a)  the management and control of the use of the common property of the strata scheme, and
(b)  the administration of the strata scheme.
(3)  The owners corporation has responsibility for the following—
(a)  managing the finances of the strata scheme (see Part 5),
(b)  keeping accounts and records for the strata scheme (see Parts 5 and 10),
(c)  maintaining and repairing the common property of the strata scheme (see Part 6),
(d)  taking out insurance for the strata scheme (see Part 9).
10   Functions of owners corporation generally
(1)  An owners corporation has such other functions as may be conferred or imposed on it by or under this or any other Act.
(2)  An owners corporation must not delegate any of its functions to a person unless the delegation is specifically authorised by this Act.
11   Other management bodies and persons who assist the owners corporation
The owners corporation for a strata scheme may be assisted in the carrying out of its management functions under this Act by any one or more of the following—
(a)  the strata committee of the owners corporation established in accordance with this Act,
(b)  a strata managing agent for the scheme appointed in accordance with Part 4,
(c)  a building manager for the scheme appointed in accordance with Part 4.
12   Owners corporation may employ persons to assist in exercise of functions
(1)  The owners corporation for a strata scheme may employ such persons as it thinks fit to assist it in the exercise of any of its functions.
(2)  The owners corporation must ensure that any person employed to assist it in the exercise of a function has the qualifications (if any) required by this Act or any other law for the exercise of that function.
13   Functions that may only be delegated to member of strata committee or strata managing agent
(1)  The following functions of an owners corporation, strata committee or officer of an owners corporation may be delegated to or conferred only on a member of the strata committee or a strata managing agent—
(a)  the preparation of estimates for the purposes of section 79,
(b)  the levying of contributions,
(c)  the receiving of, acknowledging of, banking of or accounting for money paid to the owners corporation,
(d)  having custody of any money paid to the owners corporation or making payments from any such money,
(e)  the taking out of insurance required or permitted by this Act,
(f)  the conduct of meetings of the owners corporation and handling of correspondence,
(g)  the maintenance of records required to be kept under this Act,
(h)  such other functions as may be prescribed by the regulations.
(2)  This section is subject to sections 56 and 101.
Note.
 Section 101 enables some of these functions to be exercised by certain other specified persons.