sec.81Recovery by body corporate of debts under previous regulation

sec.81 Recovery by body corporate of debts under previous regulation

This section applies if— a community titles scheme changes from being a scheme to which a previous regulation applied to being a specified two-lot scheme to which this regulation applies; and immediately before the changeover day, an owner of a lot included in the scheme had not paid a contribution or contribution instalment to the body corporate for the scheme by the date for payment under the previous regulation. The body corporate may continue to recover from the owner any contribution or contribution instalment the owner is liable to pay under section 80 and may recover the following as a debt— the amount of the contribution or contribution instalment; any penalty imposed under the previous regulation for not paying the contribution or contribution instalment; any costs reasonably incurred by the body corporate in recovering the amount. (sec.81-ssec.1) This section applies if— a community titles scheme changes from being a scheme to which a previous regulation applied to being a specified two-lot scheme to which this regulation applies; and immediately before the changeover day, an owner of a lot included in the scheme had not paid a contribution or contribution instalment to the body corporate for the scheme by the date for payment under the previous regulation. (sec.81-ssec.2) The body corporate may continue to recover from the owner any contribution or contribution instalment the owner is liable to pay under section 80 and may recover the following as a debt— the amount of the contribution or contribution instalment; any penalty imposed under the previous regulation for not paying the contribution or contribution instalment; any costs reasonably incurred by the body corporate in recovering the amount.

• (a) a community titles scheme changes from being a scheme to which a previous regulation applied to being a specified two-lot scheme to which this regulation applies; and
• (b) immediately before the changeover day, an owner of a lot included in the scheme had not paid a contribution or contribution instalment to the body corporate for the scheme by the date for payment under the previous regulation.
• (a) the amount of the contribution or contribution instalment;
• (b) any penalty imposed under the previous regulation for not paying the contribution or contribution instalment;
• (c) any costs reasonably incurred by the body corporate in recovering the amount.