Victorian Consolidated Legislation

Owners Corporations Act 2006 - SECT 151

Owners corporation certificate

151. Owners corporation certificate



(1) Any person may apply to the owners corporation for an owners corporation
certificate.

(2) The application must be in writing and must be accompanied by the fee
determined by the owners corporation, which must not exceed the prescribed
fee.

Note The Electronic Transactions (Victoria) Act 2000 enables this application
to be made electronically.

(3) The owners corporation must issue an owners corporation certificate within
10 business days after it receives an application and fee under this section.

(4) An owners corporation certificate must-

   (a)  contain the prescribed information relating to the owners corporation
        and a lot which must include the prescribed information relating to-

   (i)  fees payable in respect of the lot;

   (ii) fees and charges that are imposed or proposed to be imposed on the
        lot;

   (iii) fees and other money owing in respect of the lot;

   (iv) insurance;

   (v)  repairs and maintenance;

   (vi) the funds held by the owners corporation;

   (vii) liabilities and contingent liabilities of the owners corporation
        including any liabilities or contingent liabilities arising from legal
        proceedings;

   (viii) contracts, leases, licences and agreements affecting the common
        property;

   (ix) services provided to lot owners and occupiers and the public;

   (x)  notices and orders served on the owners corporation;

   (xi) legal proceedings to which the owners corporation is a party;

   (xii) the manager;

   (xiii) any appointment of an administrator; and

   (b)  be accompanied by-

   (i)  a copy of the rules, or, if the rules have been amended the
        consolidated rules of the owners corporation as recorded on the
        Register; and

   (ii) a statement in the prescribed form providing advice and information to
        prospective purchasers and lot owners; and

   (iii) a copy of all resolutions made at the last annual general meeting of
        the owners corporation; and

   (iv) any other documents of a prescribed kind; and

   (v)  a statement advising that further information on prescribed matters
        can be obtained by inspection of the owners corporation register.
        __________________