The Legislation in Tasmania, Hobart is called, The Strata Titles Act 1998 and the strata schemes regulation 2010 in which the Owners Corporation must comply. Each Strata Scheme is called a Community Scheme and has an Administration Fund and a Maintenance Fund (Where Fit) that is reviewed in the Annual General Meeting. There is a growing trend of Reserve funds being used in tasmania, but is still in the minority. Strata Management Companies are using these reserve funds as best practice in line with the other states of Australia.

1. Strata Schemes Management Act
Tasmania
Page  1

2. Strata Schemes Management and Community Management Tasmania
Management Queensland
The Legislation in Tasmania, Hobart is called, The Strata Titles Act
1998 and the strata schemes regulation 2010 in which the Owners
Corporation must comply.
Each Strata Scheme is called a Community Scheme and has an
Administration Fund and a Maintenance Fund (Where Fit) that is
reviewed in the Annual General Meeting.
Page  2

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 Maintenance 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 or Strata manager.
Page  3

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