What is a management statement?

Oct 10, 2022, 15:57 PM
Title : What is a management statement?

A management statement is a document which contains by-laws.

These by-laws are prepared by the original proprietor so that the document can be lodged at the Department of Land Administration with the strata plan or survey-strata plan and are then registered together.

The type of by-laws which can be included within a management statement are referred to in Schedule 2A of the Act.

A management statement cannot be registered after the strata plan has been registered.

The by-laws as contained within the management statement do not have to be approved at a general meeting. They exist as soon as the document is registered.

Source: Understanding Strata Titles by John Angus

 

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