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STRATA SCHEMES MANAGEMENT ACT 2015 - SECT 44
Functions of treasurer of owners corporation
(1) General functions The functions of a treasurer of an owners corporation
include the following-- (a) to notify owners of any contributions levied in
accordance with this Act,
(b) to receive, acknowledge, bank and account for
any money paid to the owners corporation,
(c) to prepare any
strata information certificate,
(d) to keep the accounting records and
prepare the financial statements.
(2) Delegation by treasurer of functions
The treasurer of an owners corporation may delegate the exercise of any of the
treasurer's functions (other than this power of delegation) to another member
of the strata committee of the owners corporation if-- (a) the delegation is
specifically approved by the strata committee, and
(b) the strata committee
specifically approves of the function being delegated to that member, and
(c)
the delegation is subject to any limitations as to time or otherwise that the
strata committee requires.
(3) While a delegate is acting in accordance with
the terms of the delegation, the delegate is taken to be the treasurer of the
owners corporation.
(4) Strata committee may require treasurer to exercise
functions jointly The strata committee of an owners corporation may, by a
written notice given to the treasurer of the owners corporation, order the
treasurer not to exercise any of the treasurer's functions that are specified
in the notice unless the treasurer does so jointly with another person so
specified.
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