Forums Strata Committees Current Page

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  • #10437 Reply | Quote
    davidp
    Flatchatter

      Hello All,

      I have been a long time lurker on this forum and for the information so freely given by many of you, I am truly thankfull.

      Through out the Strat Schemes Management Act, there is mention of 5 penalty units even as high as 100 penalty units for breaches of the act, however I have not been able to find what a penalty unit is, can some one explain penalty unit?

      Thank you.

      David

    Reply To: Reply #24859 in Penalty Units
    PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

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