What is the Process to Become a Registered Body Corporate / Owners Corporation Manager in Victoria?

In Victoria, the process to become a registered Body Corporate / Owners Corporation Manager is surprisingly simple. There is no education or certification requirement (the industry has long talked about national certification however that is still a while away). The eligibility according to Consumer Affairs Victoria is as follows:

“Eligibility”

Individuals

To be eligible for registration you must hold professional indemnity insurance with a minimum coverage of $1.5 million. 

You are automatically ineligible to be registered if you are currently:

  • under 18 years of age; or
  • insolvent under administration (bankrupt, debt agreements under Part IX or Part X); or
  • a represented person under the Guardianship and Administration Act 1986 (where a guardian or administrator has been appointed).

Companies

To be eligible for registration the company must hold professional indemnity insurance with a minimum coverage of $1.5 million.

The company is automatically ineligible to be registered if:

  • the company is under external administration; or
  • any of its directors are currently insolvent under administration (bankrupt, debt agreements under Part IX or Part X) or a represented person under Guardianship and Administration Act 1986 (where a guardian or administrator has been appointed).

Fees

The application fee for 1 July 2017 to 30 June 2018 is $202.80.

The application fee must be paid at the time of application.

For more information about the process to become a registered Owners Corporation Manager in Victoria can be found here at Consumer Affairs Victoria / Business Licensing Authority:

If you have any other questions please feel free to have a look at Strata Management Consultants FAQs, for more information.

The contents of this article or website are only intended to provide a general overview of the topics discussed. The author of this article makes no representations as to the accuracy or completeness of any information and the information is not intended to constitute investment, legal or professional advice. You should seek professional advice before acting or relying on any of the content. This article does not contain references to any specific company, organisation or individual, unless expressly specified.
Posted
May 30, 2023
Contributed by
David Lin
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