Topic: Raising a special levy – FLAT CHAT

This topic has 3 replies, 2 voices, and was last updated 15 years, 6 months ago by .

Creator

Topic
07/03/2011 at 7:22 pm #7263 Reply | Quote
Anonymous
On the topic of special levies – can the executive committee decide to raise a special levy for maintenance or improvement work on a building or does the proposal of a special levy have to be taken to a general meeting. In either case i.e. decision by the executive committee or decision by a general meeting, can the decision to raise a special levy be passed by a vote of 75% or more in favour.

If the decision to raise a special levy is passed by either method above, can unit holders refuse to be bound by the decision – especially in an understandable case of hardship. What action could then be taken against the unit holder who refuses to pay the special levy?
Creator

Topic

Reply To: Reply #12528 in Raising a special levy

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.