Property Management


The preparation of an annual estimate of income and expenditure for submission to for approval and the determination of monthly levies.

Periodic review of the estimate of expenditure.

Keeping full records of the administration including proper books of account.

Preparation of monthly income and expenditure and arrear reports and submission, if required, to an appointed member of the Board of Trustees.

Arranging the annual audit with the Auditor of the Body Corporate and on completion, submission of the Audited Statements to the members of the scheme.

Arranging for the surplus funds to be deposited into an interest bearing account, with a registered financial institution, with special reference to the name of the scheme with interest being for the benefit of the scheme. This is to be done in conjunction with the Trustees.

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