New South Wales Consolidated Acts New South Wales Consolidated ActsAn owners corporation may appoint a person who is the holder of a strata managing agent’s licence under the Property, Stock and Business Agents Act 2002 to be the strata managing agent of the strata scheme.
Note: The Property, Stock and Business Agents Act 2002 defines strata managing agent as a person (whether or not such person carries on any other business) who, for reward (whether monetary or otherwise), exercises or performs any function of an owners corporation under this Act, not being:(a) a person who:(i) is the owner of a lot to which the strata scheme for which the owners corporation is constituted relates, and(ii) is the secretary or treasurer of the executive committee of the owners corporation, and(iii) exercises only functions of the owners corporation required, by the by-laws in force in respect of the strata scheme for which the owners corporation is constituted, to be exercised by the secretary or treasurer of that executive committee or by the owners corporation, or(b) a person who maintains or repairs any property for the maintenance and repair of which the owners corporation is responsible.