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28/12/2023 at 3:37 pm
#72043
Unbudgeted things somewhat enter the world of the special levy
So you reckon that if an unbudgeted item exceeds the 10 per cent limit but the owners agreed on the spending at a general meeting and the money was available in either of the funds, you’d still need a special levy. I’m not saying that’s not the case, but I can imagine a lot of strata schemes, with majority approval, would spend the money and just move on. Who’s going to stop them?