business.gov.au

Owners Corporation Manager Registration - Victoria

Description

You will need this registration to manage an owners corporation on a for-profit basis. An owners corporation is an organisation set up under a subdivision or strata development to manage common property and provide services to the lots within the development.

An owners corporation is managed by the lot owners, but may appoint a person to be its manager. The owners corporation may then delegate any of its functions and powers to the manager. Examples of functions an owners manager may perform include organising maintenance and repairs, collecting fees, insurance and record keeping.

You may apply for registration as an individual or company. Individual directors of the company do not need to be registered. If you intend to operate your business in a partnership arrangement with one or more people, each person in the partnership must be a registered manager.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

An individual person can be registered as a manager if:

  • you are at least 18 years old
  • you have the required minimum level of professional indemnity insurance cover of $2 million
  • you are not insolvent under administration (i.e. bankrupt)
  • you are not a represented person within the meaning of guardianship legislation
  • you are a suitable person to be a manager.

A company is eligible to be registered as a manager if:

  • it has the required minimum level of professional indemnity insurance cover of $2 million
  • no company director is insolvent under administration (i.e. bankrupt)
  • no company director is a represented person within the meaning of guardianship legislation
  • the company is not externally administered.

Applications for registration must be in writing in an approved form and include the fee, a copy of your birth certificate or passport or drivers licence, and evidence of professional indemnity insurance.

Duration

As specified

Fees

Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Application All $226.70

Individual or company registration. Fees for 2024-25

Forms

Act(s) name

Owners Corporation Act 2006 Victoria

Regulation(s) name

Owners Corporations Regulations 2007 Victoria

Application process

Apply

Please lodge your application, fee and any associated documents directly with the Agency.

You are required to lodge these documents with your application:

  • professional indemnity insurance certificate of currency or policy schedule
  • a copy of your drivers licence, passport or birth certificate as identification.

Approval time

Generally within three weeks

Administering agency

Business Licensing Authority

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.