› Flat Chat Strata Forum › Levies and Unit Entitlements › Special levy alternative › Current Page
11/08/2022 at 4:34 pm
#64647
Our SM has just advised that “the laws are very clear these days. You can only ‘borrow’ from one fund to another for 3 months. That is it what that section of the act means. So you would be having a special levy within 3 months. It is not open to interpretation. Have done many a legal webinar on this and it has been made very clear to us, that is what has to happen.”
Could you comment on this please?