@Jimmyt53 said:
KP, what you say about chasing the bad debts is absolutely right but you lost me on your argument that the reason for the special levy is so that the strata manager can earn commissions.
I read it as though they are paying insurance (to the insurance co) for the next 2 years ie in advance and if so the SM earns a commission from the premium.
Maybe they mean they are collecting the premium in advance and holding it in the admin fund which would be ok and no commission would be due the SM until it was paid to the insurance company (which sounds more likely on reflection).