Cooloola Waters Management Pty Clause Samples
Cooloola Waters Management Pty. Ltd. and/or the Scheme Operator may serve any written notice on the Resident in one of the following ways:-
(a) delivering the notice personally to the Resident; or
(b) leaving the notice at the Resident’s unit in the Retirement Village or;
(c) posting the notice to the address of the Resident’s unit; or
(d) posting the notice to another address of the owner as notified by the Owner to Cooloola Waters Management Pty. Ltd.
Cooloola Waters Management Pty. Ltd. will apply any insurance moneys received for damage to property or buildings as soon as practicable to the repair, reinstatement or replacement of the damaged property or buildings.
Cooloola Waters Management Pty. Ltd. will ensure that a quarterly financial statement about the income and expenditure of the capital replacement fund and the maintenance reserve (in an auditable format) are available to the owner upon a request made by the owner in accordance with the clauses herein below.
Cooloola Waters Management Pty. Ltd. has agreed to manage and administer the Retirement Village on behalf of the Residents and is prepared to do so on behalf of the Resident upon the terms and conditions contained in this Agreement and upon the terms and conditions contained in the Management Agreement entered into by Cooloola Waters Management Pty. Ltd. with the body corporate.
Cooloola Waters Management Pty. Ltd. must establish and keep trust accounts at a financial institution in accordance with the Retirements Villages ▇▇▇ ▇▇▇▇.
Cooloola Waters Management Pty. Ltd. will perform its obligations and discharge its duties to other Residents of the Retirement Village under the Freehold Residence Contracts and to the Body Corporate under The Management Agreement.
Cooloola Waters Management Pty. Ltd. will convene an annual meeting of the residents of the Retirement Village each year on a date to be selected by Cooloola Waters Management Pty. Ltd.
Cooloola Waters Management Pty. Ltd. will ensure that separate accounts are kept for the retirement village’s capital replacement fund and maintenance reserve fund.
Cooloola Waters Management Pty. Ltd. will give each resident written notice of the date, time and place of the meeting at least seven days prior to the date of the meeting. Service of this notice will be deemed to be effective if the notice, is served personally on the residents or delivered or posted to the residents’ unit in the Retirement Village.
Cooloola Waters Management Pty. Ltd. will grant to the Resident the right to the reasonable use and enjoyment of the communal facilities in common with other residents of the Retirement Village or any other person authorised by Cooloola Waters Management Pty. Ltd. during the time that the Resident is a resident of the Retirement Village.