18Payment plans for unpaid contributions—the Act, s 90(7)

#### 18 Payment plans for unpaid contributions—the Act, s 90(7) 18 Payment plans for unpaid contributions—the Act, s 90(7) > > (1) A payment plan for the payment of overdue contributions must be in writing and must contain the following— > > > > > (a) the name of the member of the association and the title details of the lot, > > > > > (b) the address for service of the member, > > > > > (c) the amount of the overdue contributions, > > > > > (d) the amount of the interest payable for the overdue contributions and the way in which it is calculated, > > > > > (e) the schedule of payments for the amounts owing and the period for which the plan applies, > > > > > (f) the way in which the payments must be made, > > > > > (g) contact details for a member of the association committee or a managing agent who is to be responsible for matters arising in relation to the payment plan, > > > > > (h) a statement that a further plan may be agreed to by the association by resolution, > > > > > (i) the date the payment plan was agreed to. > > > (2) The association committee must, at the request of a member of the association who has entered into a payment plan, give the member a written statement of the plan— > > > > > (a) for each calendar month, or a longer period specified by the member, and > > > > > (b) setting out the payments made during the month or period and the amount of unpaid contributions, including the interest owing. > > **s 18:** Am 2025 (505), Sch 2\[4\].