Victorian Current Acts

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OWNERS CORPORATIONS ACT 2006 - SECT 119

Appointment and removal of manager

    (1)     An owners corporation may appoint a person to be the manager of the owners corporation.

    (2)     If the manager is to receive a fee or reward for carrying out the functions of manager, a person is not eligible to be appointed unless the person is a registered manager.

    (3)     An instrument or contract of appointment must be in the approved form.

    (4)     A manager need not be a lot owner.

    (5)     A person must not be appointed as a manager for fee or reward unless the person holds professional indemnity insurance that is sufficient to meet claims up to a level of the prescribed amount in any one year.

    (6)     An owners corporation may revoke the appointment of a manager.



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