Home/Legislation/UTMA 2011/Schedule 1
Schedule 1 Codes of conduct
Republication 25, effective 26 June 2026. © Australian Capital Territory. Sourced from the ACT Legislation Register (www.legislation.act.gov.au) and reformatted; changes are described on this page. For the authorised version see the Register.
© Australian Capital Territory. Licence. Endnotes (legislative and amendment history) removed; structure rebuilt from the Word styles. Text otherwise verbatim. Authoritative version: www.legislation.act.gov.au.
(see s 46 and s 56)
Part 1.1 Executive committees—code of conduct
1Understanding of Act and code#
An executive member must have—
(a) a commitment to acquiring an understanding of the Act, as relevant to the member’s role on the executive committee; and
(b) a good understanding of this code.
2Honesty and fairness#
An executive member must act honestly and fairly in exercising the member’s functions as an executive member.
3Care and diligence#
An executive member must exercise reasonable care and diligence in exercising the member’s functions as an executive member.
4Acting in owners corporation’s best interests#
An executive member must act in the best interests of the owners corporation in exercising the member’s functions as an executive member, unless it is unlawful to do so.
5Complying with Act and code#
An executive member must take reasonable steps to ensure that the member complies with the Act, including this code, when exercising the member’s functions as an executive member.
6Nuisance#
An executive member must not—
(a) cause a nuisance on the land; and
(b) otherwise behave in a way that unreasonably affects a person’s lawful use or enjoyment of a unit or the common property.
7Unconscionable conduct#
An executive member must not engage in unconscionable conduct in exercising the member’s functions as an executive member.
Examples
1 improperly using the executive member’s position on the executive committee to gain, directly or indirectly, an advantage personally or for someone else
2 exerting undue influence on, or using unfair tactics against, the owner of a unit in the units plan
8Conflict of interest#
An executive member must disclose to the executive committee any conflict of interest the member may have in a matter before the committee.
Part 1.2 Managers—code of conduct
1Knowledge of Act and code#
A manager must have a good working knowledge and understanding of the Act, including this code, as relevant to the manager’s functions.
2Honesty, fairness and professionalism#
(1) A manager must act honestly, fairly and professionally in exercising the manager’s functions.
(2) A manager must not try to unfairly influence the outcome of an election for the owners corporation executive committee.
3Skill, care and diligence#
A manager must exercise reasonable skill, care and diligence in exercising the manager’s functions.
4Acting in owners corporation’s best interests#
A manager must act in the best interests of the owners corporation unless it is unlawful to do so.
5Keeping owners corporation informed of developments#
A manager must keep the owners corporation informed of any significant development or issue about an activity carried out for the owners corporation.
6Ensuring employees comply with Act and code#
A manager must take reasonable steps to ensure that the manager’s employees comply with the Act, including this code, when exercising the manager’s functions.
7Fraudulent or misleading conduct#
A manager must not engage in fraudulent or misleading conduct in exercising the manager’s functions.
8Unconscionable conduct#
A manager must not engage in unconscionable conduct in carrying out the manager’s functions.
Examples
1 taking unfair advantage of the manager’s superior knowledge relative to the owners corporation
2 requiring the owners corporation to comply with conditions that are unlawful or not reasonably necessary
3 improperly using the executive member’s position on the executive committee to gain, directly or indirectly, an advantage personally or for someone else
4 exerting undue influence on, or using unfair tactics against, the owners corporation or the owner of a unit in the units plan
9Conflict of duty or interest#
A manager for an owners corporation (the first corporation) must not accept an engagement for another owners corporation if accepting the engagement may place the manager’s duty to, or the interests of, the first corporation in conflict with the manager’s duty to, or the interests of, the other owners corporation.
10Goods and services to be supplied at competitive prices#
A manager must take reasonable steps to ensure the goods and services the manager gets for, or supplies to, the owners corporation are obtained or supplied at competitive prices.
11Manager to demonstrate keeping of particular records#
If an owners corporation or its executive committee asks the manager, in writing, to show that the manager has kept the owners corporation’s records as required under the Act, the manager must comply with the request within a reasonable time.
