Australian Capital Territory Current Acts

UNIT TITLES (MANAGEMENT) ACT 2011 - SECT 79

    (1)     An owners corporation for a units plan must give notice of a determination of general fund contributions to each unit owner.

    (2)     The notice must include the following information:

        (a)     the general fund contribution payable for the unit;

        (b)     the general fund contributions payable for each other unit;

        (c)     the general fund for which the contribution is required, the proportion of the contribution to be paid into each fund, and the total amount to be paid into each fund;

        (d)     the proportion of the total general fund contribution payable for the unit and how the proportion is worked out;

        (e)     the date when the contribution is payable, if paid in full (which must be not later than 28 days after the date of the notice);

        (f)     if the contribution is payable by instalments—the dates when the instalments are payable;

        (g)     how the contribution may be paid;

        (h)     details of any discount for early payment decided by the owners corporation under section 93;

              (i)     details of interest payable for late payment under section 94.