The definition in the Act say that an “unfinancial owner” means an “owner of a lot in a strata scheme who has not paid all contributions levied on the owner that are due and payable, and any other amounts recoverable from the owner, in relation to the lot.”
So if your levies arrive and you have been given until the 30th of the month to pay them, what is the date on which they become “due”. Does due mean the same as overdue? Most strata manager err on the side of caution and allow the full payment period to elapse before calling an owner unfinancial.
But if there is a dispute in the building, straws are grasped, loopholes are explored and fine print is scrutinized. I would lay odds on NCAT resolving this by saying the full 28 days or whatever period was stated in the levies notice would have to elapse before an owners was struck off.