ACTIn ForceAct
Community Title Act 2001
36Borrowing powers
Start here
Get a plain-English read of 36
Turn the raw legal text into a practical explanation grounded in Community Title Act 2001.
36 Borrowing powers A body corporate may, if authorised by a unanimous resolution, do either or both of the following: (a) borrow amounts required for the exercise of its functions; (b) secure the repayment of amounts borrowed by it and the payment of interest on amounts borrowed by it.
Functions of bodies corporate Division 8.2 Section 37