BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 132 Procedure for review

BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 132

132 Procedure for review

(1) Within 2 months after requesting the review, the reviewing party who requested it must—

(a) obtain from an appropriate person independent written advice (the
"review advice" ), based on the review criteria, about the matters mentioned in section 131 (a) and (b) ; and

(b) give a copy of the advice to the other reviewing party.

Example of appropriate person for subsection (1)(a)—

a person who, in the ordinary course of the person’s business, has knowledge of the functions and powers of service contractors and the remuneration for performing the functions and powers

(2) The review must be carried out having regard to the review criteria.

(3) The body corporate’s final decision about the outcome of the review must be made by ordinary resolution.

(4) The review must be finished as soon as reasonably practicable after a copy of the review advice is given to a reviewing party under subsection (1) (b) and—

(a) before the term of the engagement as service contractor ends; and

(b) within the review period.