(1) If the money owing is not paid within 28 days after the date of the fee notice, the owners corporation may send a final notice in the approved form to the lot owner.
(2) The final notice must—
(a) state that the lot owner has an obligation to pay the overdue fees and charges and interest immediately; and
(b) (if applicable) state—
(i) the interest that is payable in respect of the overdue fees and charges at the date of the final notice; and
(ii) the amount of interest that will accrue daily until the payment of the overdue fees and charges; and
(c) state that the owners corporation intends to take action under Part 11 to recover the amount due if the overdue fees and charges and interest owing are not paid within 28 days after the date the final notice is given.
Section 163(2) provides that an application to VCAT by the owners corporation for an order requiring a lot owner to pay an amount payable by the lot owner to the owners corporation can only be made if the amount is not paid within 28 days after the final notice is given under section 32.
Division 2—Accounts and audit