Is it really such a challenge?
As mentioned in the article , payment plans can be refused if it leaves the finances of the OC in the red. The state of the finances is readily established from the balance sheet of the OC.
Secondly, payment plans (IMHO) can’t be a forever situation. Each quarter , for most buildings, a new levy notice is sent and requires payment. The owner would need to propose a payment plan where they “catch up” to regular levies after some time. Its similar to having a loan of any sort. The lender wants the debt paid off at some (agreed) time.
If the lot owner is continually unable to meet their obligations in paying levies, then they would need to consider whether continued ownership is possible.
I understand that the legislation still allows an OC to put the recalcitrant lot owner into bankruptcy (though thats probably the last resort)