#18404

@Whale said:
Clause 76(4) of the NSW Strata Schemes Management Act (1996) is the relevant reference, where it states:

“(4) If the owners corporation is subsequently faced with other expenses it cannot at once meet from either fund, it must levy on each owner a contribution to the administrative fund, determined at a general meeting of the owners corporation, in order to meet the expenses.”

Thanks Whale & kiwipaul for your replies. The difficulty here is the EC control over 50% of the building through either passive or non resident owners. So, although our sinking fund is currently quite healthy, the EC don’t want  to use it for low status building work preferring to keep it for as yet unauthorised pet projects (extending the lobby, chintzy artworks, etc).

That’s the situation we are in –