Unit of competency Outline
Date retreived
22/07/2026 3:49 PM AWST
22/07/2026 3:49 PM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Handle strata community funds held on trust
Handle strata community funds held on trust
Unit of competency
National Code
CPPDSM4085
CPPDSM4085
State Code
AXI79
AXI79
TGA Status
Replaced
Replaced
DTWD Status
Replaced
Replaced
State Implementation and Classification
Approved Date
05/10/2016
Field of Education
080503 - Real Estate
Original Release Date
05/10/2016
Nominal Hours
20
Description
This unit of competency specifies the outcomes required to handle strata community funds received from clients that are held on trust. It includes identifying procedures for handling strata community funds held on trust, processing funds held on trust received from clients, and reporting discrepancies.The unit supports the work of those involved in handling moneys held on trust. It applies to strata managers.Licensing, legislative, regulatory or certification requirements apply to this unit in some States and Territories. Relevant state and territory regulatory authorities should be consulted to confirm those requirements.
Notes
Elements and Performance Criteria
No information
No information
No information
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| ODO48 | CPPSCM4085 | Handle strata community funds held in trust | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| BAJ1 | CPP40516 | Certificate IV in Strata Community Management | Qualification |