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. The fee is non-refundable.”

 

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:

https://www.consumer.vic.gov.au/licensing-and-registration/owners-corporation-managers/registration/apply-for-registration

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