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OCV is the pre-eminent professional association for the owners corporation industry, and was formed in 1990 (as IBCMV) to provide a forum for improved standards and education in the industry.

Supporting more than 80% of all owners corporation management firms it is the only organisation solely focussed upon representing this increasingly significant industry, and reaches and represents 300 owners corporation professionals who manage approximately 250,000 lots. It also represents industry suppliers and owners corporations, making it the voice of all with an interest in the management of owners corporation.

Members benefit from representation, promotion, establishment of professional practice guidelines and ethical standards, and professional development through education seminars, conferences and regularly publishing bulletins on items of professional interest.

2010 Principals Forum,Symposium & Awards 

To be held at Sebel Heritage Yarra Valley 8, 9, & 10 September 2010.

2010 OCV Educational Calendar

The 2010 OCV Educational Seminar Calendar will be released early in 2010

OCV Sponsorship Opportunities - 2009/2010 packages now released
OCV has released the 2009/10 sponsorship proposals.  Read more for further details of the opportunities available. 
 
Penalty Interest Rate Increase
Following a periodic review the Attorney-General Rob Hulls has increased the penalty interest rate to 10.5 per cent per annum with effect on and from 23 February 2010. The previous rate was fixed at 10 per cent. For further information visit http://www.ocv.org.au/consumerinfo_recommendedcontacts.php


Owners Corporations Act 2006
The Owners Corporations Act 2006 came into operation on 31st December 2007. To view Owners Corporations Act 2006 enter here . To view Owners Corporations Regulations 2007 enter here .To view Subdivision Act 1988 enter here .

Any person or company carrying out the functions of an Owners Corporation Manager for a fee or reward in Victoria must be registered with the BLA. Individual directors of a company do not need to be registered.

If you intend to operate a partnership arrangement with one or more people, each person in the partnership must be a registered manager.

Licensed estate agent's representatives who only perform the functions of leasing or sales for an Owners Corporation rather than the functions of an Owners Corporation Manager do not require to be registered as an Owners Corporation Manager.

To view the Business Licensing Authority website please enter here .

Alternative Payment Method

OCV is now able to process Visa & Mastercard payments. Should you wish to use this alternative payment form please complete this form, and forward the form to OCV via facsimile (03 9416 4788), post (30 Peel Street Collingwood 3066), or email info@ocv,org.au .

Keep Up To Date On Owners Corporation Matters

OCV has an e-Newsletter sent fortnightly updating on relevant industry information and upcoming events.  To receive the eNewsletter send an email, with the subject SUBSCRIBE, to info@ocv.org.au.


New Membership Category

OCV has developed a new membership category to cater for owners corporations to become members and individuals inexperienced in owners corporation management seeking employment in the industry.  Read more 

Advertising Tenders For Body Corporate Management Services

Is your owners corporation tendering for an owners corporation manager?  Advertise your tender to a highly targeted audience of professional owners corporation managers in the OCV fortnightly eNewsletter.  For details please email info@ocv.org.au or phone (03) 9416 4688. 


 Are You Wanting To Become An
Owners Corporation Manager?
OCV has developed a distance learning package for people wanting to learn more about owners corporation management.  The package includes 10 DVD's covering all topics important to owners corporation managers.  Read more

Professional Managers . . .
assist owners with the administration, management, finances, meetings, maintenance and insurance of properties.

Should you "Self Manage" or appoint a professional manager? View our most frequently asked question here

Look for a Professional Owners Corporation Manger here.

OCV Locum Scheme
To assist members OCV has now established a locum scheme. Further information regarding this service can be accessed here. To register you interest to act as a locum please enter here. To notify OCV of your need to engage a locum click here.

GST registration threshold changes for owners corporations
There have been updates to this treatment on 29/07/2009.

1.1.5 Are bodies corporate non-profit bodies for the purpose of the registration turnover threshold, as provided for in section 23-15 of the GST Act?

The Tax Office has updated Issue 1.1.5 of the Property & Construction Issues Register to reflect that generally a body corporate will be regarded as a non-profit body for GST purposes and can take advantage of the higher GST registration threshold of $150,000; provided they do not have an intention to distribute interest or other income to members.

Also updated is:

1.1.7 Is registration mandatory where there is a mixed strata title scheme (commercial and residential)?

Refer http://www.ato.gov.au/businesses/content.asp?doc=/content/19860.htm&page=1#P215_16089

Now at hand is some more advice from the ATO. Please read the ATO document carefully so you may act appropriately.



New Laws for Essential Safety Measures

Under new regulations, by June 13, 2009, mandatory reporting of Essential safety Measure Maintenance is required for both pre and post 1994 constructed buildings (excluding class 1 buildings) by completion of an annual Essential Safety Measures Report.

In order to complete an Essential Safety Measures Report by June 13 2009, a compliant maintenance program must be in place by June 13, 2008. Read more.

OCV recently held a seminar on Essential Safety Measures. Should you have missed this valuable seminar DVD recordings are available. The cost to members is $45.00 and Non Members is $90.00. To place your orders please email anne.stevens@ocv.org.au ......

The Body Corporate Handbook   


Stephen Raff has released his new book, “The Body Corporate Handbook”. Copies of the book may be purchased through OCV. Enter here to access the order form.



Managing the Manager
You may be interested in an excellent strata article that appeared in API [Australian Property Investor] Magazine March 2009 edition, by Peter Cerexhe.

He writes that it’s a great help to have an expert manage the day-to-day administration of a multiple unit building. But it’s worth knowing where to draw the line and who’s controlling whom.


 

 

19 Feb 2010 (Fri)
Strata Management Industry Award

19 Feb 2010 (Fri)
How green is your building?

12 Mar 2010 (Fri)
Strata Law Changes

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