Small oversights can have huge consequences


I recently heard two troubling stories. Let me share them with you.

In one story, an inexperienced building manager was struggling with the issue of insufficient storage space. Having nowhere else to put them, he placed rubbish bins and various other items in front of a fire escape. In the second story, a building manager was organising the pool chemicals for his building. Looking for a place to store them in his pool shed, he found a flat surface on which to leave them – on top of his gas fired pool heater.

What a huge potential for disaster.

But let me ask you a few questions:

  • Do you know when your last risk assessment report was carried out? Were all the identified risks addressed promptly?
  • Does your sinking fund forecast cover the required time under law?
  • Is your Backflow Prevention Certificate up to date?
  • Does the sign at your pool comply with Guideline 7 CPR?
  • When did you last have an evacuation practice?
  • Do you know if your body corporate accounts need to be audited?

As building managers and committee members, you hold important roles in the management of your body corporate. The decisions you make are significant for the long-term well being of your scheme, and as such, you must be educated and informed in your responsibilities.It doesn’t take much of an oversight for you to innocently violate your statutory responsibilities, as these stories demonstrate. Most of these breaches do not occur due to malice or bad intent, but an absence of diligence or through the need for more education.

Statutory compliance is more than just ensuring your notices and agendas are sent out within the required time frame. As well as the Body Corporate and Community Management Act, there are numerous other pieces of legislation you need to be compliant with. These include, but are not limited to:

–          The Work Health and Safety Act 2011

–          The Building Act 1975

–          The Building Code of Australia

–          Standard Plumbing and Drainage Regulation 2003

–          Building Fire Safety Regulation 2008

–          Taxation Ruling IT 2505

Does this sound like a lot for you to get your head around? Unfortunately, joining the committee or becoming a building manager doesn’t automatically make you an authority on these complicated topics.

We understand that shouldering the responsibility of the body corporate’s statutory obligations can be tough.

Our Guide to Body Corporate Statutory Compliance is a clear and simple booklet which will guide you through the minefield of legislation, so that you can feel confident in your responsibilities. It outlines your responsibilities under the various laws, suggests actions for your committee, and identifies people who can assist you in meeting your obligations. Its aim is to protect lot owners and the committee, by informing you of statutory issues you need to be aware of and compliant with. Free copies are available for download. We hope it makes a positive difference in your life.

 



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Recent Comments

1 Comment

Jamie Killorn On April 8, 2014 | Reply

The uneducated and inexperienced are in every industry. Just like in all industries there are cowboys and you get what you pay for.

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