This highlights the risks of strata management to be compared to bullfighting where the manager is a administrator of the complex and the committee makes the decisions, units owners get frustrated and take it on the strata manager. This is where the management contract for the complex is for the protection of both parties. Record management with strata records are usually kept in paper copies and take up space, And can be costly when updating records and sending them out to the owners or contractors blocking up emails.

1. Strata Schemes Management Act
New South Wales
Page  1

2. Strata Schemes Management and Community Management New South Wales
Management Queensland
The Legislation in New South Wales is called, The Strata Schemes
Management Act 1996 and the strata schemes regulation 2010 in
which the Owners Corporation must comply.
Each Strata Scheme is called a Owners Corporation and has an
Administration Fund and a Sinking Fund that is reviewed in the
Annual General Meeting.
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3. Strata Schemes Management and Community Management New South Wales
The Administration fund budget covers items such as general
maintenance, Insurance Premiums and small recurring
expenditure.
The sinking fund budget is used for future and major capital
expenses, such as painting, pool or fence replacement that is the
responsibility of the body corporate.
Complexes are either self-managed or managed by a body
corporate manager.
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4. Independent Inspections /FWR Group Pty Ltd
Independent Inspections Pty Ltd
www.iigi.com.au
www.fwrgroup.com.au
www.independentcertification.com.au
Mr. Peter Greenham
Qualifications:
- Diploma of Civil Engineering
- Associate Diploma of Laboratory
Page  4
Operations
- Diploma of Quality Management
- Diploma of Business
- Lead Environmental Auditor
- Diploma of workplace training and
Assessment
- NATA Assessor
Your Auditors and Trainers
P: 1300 857 149
F: 1300 857 150
Team
Mr. Sydney Lue
M: 0423 234 245
admin@iigi.com.au
Mr. Peter Greenham
M: 0402 259 479
peter@iigi.com.au