New South Wales Consolidated Acts

STRATA SCHEMES MANAGEMENT ACT 1996 - SECT 37

37 Procedure for requiring information from strata managing agent

(1) A requirement for information by an owners corporation under this Division must be made by notice in writing served on the strata managing agent.

(2) The notice must specify a member of the executive committee to whom the information is to be delivered.

(3) The strata managing agent must comply with the notice by providing a written statement, containing the information required, within 7 days after service of the notice.

Maximum penalty: 20 penalty units.

(4) A person is not guilty of failing to comply with a notice under this section if reasonable cause for the failure is shown.

(5) A strata managing agent must not knowingly provide information that is false or misleading in a material particular in a statement delivered in response to a notice under this section.

Maximum penalty (subsection (5)): 20 penalty units.