Strata Titles Regulations 2018 (SA)

South Australia Strata Titles Regulations 2018 under the Strata Titles Act 1988

Contents Part 1—Preliminary 1 Short title 2 Commencement 3 Interpretation Part 2—Division of land by strata plan Division 1—The strata plan 4 Plans and maps to conform with guidelines 5 Unit entitlement Division 2—Amendment of deposited strata plan 6 Application for amendment Division 3—Amendment by order of ERD Court 7 Application to ERD Court to amend or cancel strata plan Division 4—Supplementary 8 Procedure where whereabouts of certain persons is unknown Part 3—The strata corporation Division 1—Constitution of strata corporation 9 Articles of strata corporation 10 Functions of secretary and treasurer of strata corporation Division 2—General functions, powers and duties 11 Power to raise money Division 3—Delegations by strata corporation 12 Body corporate managers 13 Offences Division 4—Duty to insure 14 Other insurance by strata corporation Division 5—General meetings 15 Holding of general meetings 16 Statement of expenditure etc Division 6—Agents' trust accounts Subdivision 1—Withdrawal of money from trust account and authorised trust accounts 17 Withdrawal of money from trust account 18 Authorised trust accounts Subdivision 2—Keeping of records 19 Application of Subdivision 20 Electronic records 21 Cash books 22 Trust ledger accounts and transfer journals 23 Reconciliation statements 24 Payments of trust money 25 Receipts Subdivision 3—Audit of trust accounts 26 Audit of trust accounts 27 Agent's statement 28 Certain persons may not audit accounts and records of agents Division 7—Supplementary 29 Register of unit holders 30 Record keeping 31 Information to be furnished Schedule 1—Forms Schedule 2—Revocation of Strata Titles Regulations 2003 Legislative history

Part 1—Preliminary 1—Short title These regulations may be cited as the Strata Titles Regulations 2018. 2—Commencement These regulations will come into operation on 1 September 2018. 3—Interpretation (1) In these regulations, unless the contrary intention appears— Act means the Strata Titles Act 1988; EFT means electronic funds transfer; EFT confirmation means an official confirmation by an ADI of the processing by the ADI of an EFT. (2) For the purposes of paragraph (a) of the definition of special resolution in section 3(1) of the Act, the reasons for the proposed resolution are to be set out in the written notice (in addition to the terms of the proposed resolution).