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Strata Schemes Management Act 
Victoria 
Page  1
Strata Schemes Management and Community Management Victoria 
Management Queensland 
The Legislation in Victoria is called, The Owners Corporation Act 
2006 and the Owners Corporation regulation 2007 in which the 
Owners Corporation must comply. 
Each Strata Scheme is called a Owners Corporation and has an 
Administration Fund and a Maintenance Fund (Over 100 Lots or 
$200,000 turnover) that is reviewed in the Annual General Meeting. 
Page  2
Strata Schemes Management and Community Management Victoria 
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 manager. 
Page  3
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

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Strata schemes management act victoria presentation

  • 1. Strata Schemes Management Act Victoria Page  1
  • 2. Strata Schemes Management and Community Management Victoria Management Queensland The Legislation in Victoria is called, The Owners Corporation Act 2006 and the Owners Corporation regulation 2007 in which the Owners Corporation must comply. Each Strata Scheme is called a Owners Corporation and has an Administration Fund and a Maintenance Fund (Over 100 Lots or $200,000 turnover) that is reviewed in the Annual General Meeting. Page  2
  • 3. Strata Schemes Management and Community Management Victoria 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 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