NSWIn ForceAct
Community Land Management Act 2021
84Association to set contributions to administrative and capital works funds
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#### 84 Association to set contributions to administrative and capital works funds
84 Association to set contributions to administrative and capital works funds
> > (1) The association must determine the amounts to be levied as a contribution to the administrative fund and the capital works fund to raise the amounts estimated as needing to be credited to those funds.
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> > (2) The determination must be made at the same meeting at which those estimated amounts are determined.
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> > (3) The association must levy on each member the contribution determined.
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> > (4) If the association is subsequently faced with other expenses it cannot at once meet from either fund, it must levy on each member a contribution to the administrative fund or capital works fund, determined at a meeting of the association, in order to meet the expenses.
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> > (5) A contribution is, if an association so determines, payable by the regular periodic instalments specified in the determination setting the amount of the contribution.