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Community Land Management Regulation 2021
20Calculation of annual budget—the Act, s 99(4)
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20 Calculation of annual budget—the Act, s 99(4)
20 Calculation of annual budget—the Act, s 99(4)
The amount of the annual budget must be the sum of the following—
(a) the amount of contributions levied for the relevant year, whether or not they have been paid,
(b) income of the association from other sources,
(c) other amounts held by the association for the association.