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OWNERS CORPORATIONS ACT 2006 - SECT 37 What must a maintenance plan contain?

OWNERS CORPORATIONS ACT 2006 - SECT 37

What must a maintenance plan contain?

    (1)     The maintenance plan must set out—

        (a)     the major capital items anticipated to require repair and replacement within the next 10 years; and

        (b)     the present condition or state of repair of those items; and

        (c)     when those items or components of those items will need to be repaired or replaced; and

        (d)     the estimated cost of the repair and replacement of those items or components; and

        (e)     the expected life of those items or components once repaired or replaced; and

        (f)     any other prescribed information.

S. 37(1A) inserted by No. 4/2021 s. 20.

    (1A)     An owners corporation may, by ordinary resolution, amend an approved maintenance plan.

    (2)     In this section—

"major capital item" includes—

        (a)     a lift; or

        (b)     an air conditioning plant; or

        (c)     a heating plant; or

        (d)     an item of a prescribed class.