Victoria Owners Corporations Act 2006
Part 9: Manager – Victoria Owners Corporations Act 2006

Victoria Owners Corporations Act 2006 122A-122B: Disclosure of beneficial relationships with suppliers and of commissions

What does 122A-122B require?

Before the owners corporation contracts with a supplier with whom the manager has a beneficial relationship (the manager, an associate, a body corporate the manager or an associate is a member of, or a corporation they control), the manager must disclose the relationship in writing to the chairperson or the committee. Before a contract under which the manager will receive a commission, payment or other benefit from a third party is entered into, the manager must disclose the benefit in writing to the chairperson, and the owners corporation must be told the amount or value where known. Non-disclosure is an offence and the manager must account for undisclosed benefits.

Maintained by Gerard Blokdyk

Other controls in Part 9: Manager – Victoria Owners Corporations Act 2006

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The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.