@Sammi said:
So could I propose that I continue to pay the quarterly levy of $900.00 and then a special levy for my share of $25,999.00 over a 3-5 year period (3-5 years is generally the time it takes for ideas/proposed works to become actual works, if at all)
No. If you don’t pay the full levy you attract penalty interest and you lose your vote on the strata committee and the Owners Corp.
I think this sound like you need an interim order and you should try to get other owners to come in with you on that so that you can have the levy rise postponed until such times as someone has had a look at the accounts.
In fact, if you applied for an interim order with the same effect as Section 87 (below) that would put the levy hike on hold for up to three months until the accounts could be examined.
(1) The Tribunal may, on application, make either or both of the following orders if the Tribunal considers that any amount levied or proposed to be levied by way of contributions is inadequate or excessive or that the manner of payment of contributions is unreasonable:
(a) an order for payment of contributions of a different amount,
(b) an order for payment of contributions in a different manner.
(2) An application for an order may be made by the lessor of a leasehold strata scheme, an owners corporation, an owner or a mortgagee in possession.