› Flat Chat Strata Forum › By-laws and outlaws › The committee as strata-cop › Can we charge penalties for late payment of levies? › Current Page
29/03/2019 at 3:13 pm
#36678
I thought this was interesting as well.
The qualification of “reasonableness” in the right of recovery of expenses means that owners corporations cannot unilaterally appropriate payments made by lot owners for payment of levies towards expenses incurred without those expenses being either assessed as reasonable by a court or tribunal or otherwise agreed upon between the Owners corporation and the lot owner.