STRATA TITLES ACT 1988 - SECT 27A
STRATA TITLES ACT 1988 - SECT 27A
27A—Delegation of corporation's functions and powers
(1) A strata
corporation may delegate any of its functions and powers (except this power of
delegation) to a member or employee of the corporation.
(2) A strata
corporation may delegate the following functions and powers to any person:
(a) the
receipt and holding of money and other personal property on behalf of the
corporation;
(b)
payment of money on behalf of the corporation;
(c) the
preparation of statements of expenditure and proposed expenditure and
statements of accounts;
(d) the
collection of money due to the corporation;
(e)
entering into contracts of insurance with insurers on behalf of the
corporation;
(f)
maintaining and keeping records on behalf of the corporation;
(g)
issuing and signing notices on behalf of the corporation;
(h)
preparing minutes of meetings of the corporation;
(i)
providing information as required by the Act on behalf of
the corporation;
(j)
investing money on behalf of the corporation;
(k)
arranging for the maintenance and repair of the common property on behalf of
the corporation.
(3) A delegation by a
strata corporation is to be made by ordinary resolution of the
strata corporation.
(4) However, a
strata corporation cannot delegate a function or power under
subsection (1) or (2) if the function or power is of a kind that can
only be performed or exercised by the corporation by passing a special or
unanimous resolution.
(5) A delegation by a
strata corporation—
(a) may
be absolute or conditional; and
(b) does
not derogate from the power of the corporation to act in any matter; and
(c)
is—
(i)
in a case where there is a contract relating to the
delegation between the corporation and a body corporate manager—revoked
on termination or expiry of the contract; or
(ii)
in any other case—revocable by the corporation at
any time by notice given in writing (notwithstanding any agreement to the
contrary by the corporation).