The establishment of the Owners Corporation books, records, and administrative procedures per legislation before the appointment of the Body Corporate Manager are as follows:
- Minute books
- roll
- books of account
- computerised accounting records
- body corporate bank accounts including a micro-encoded deposit facility for each owner/proprietor
- computerised address labels of owners/proprietors and mortgagees
- computerised purchaser and owner/proprietor certificates
- bulk electricity/utilities invoicing system
- arrange for the common seal
- obtain quotations for insurances
- prepare draft budgets
- calculate levies and issue levy notices
- establish document file for inaugural meetings
- establish body corporate annual timetable per legislation
- convene and attend the first general meeting and prepare minutes of that meeting
- arrange Income Tax File and Australian Business Numbers
- arrange Workers Compensation Policy
- arrange Workplace Heath & Safety registration.
In short, we make all of this appear quite simply for you in your notes and records so that you can easily access the information of your Owners Corporation at all times.