81Owners corporation to set contributions to administrative and capital works funds

#### 81 Owners corporation to set contributions to administrative and capital works funds 81 Owners corporation to set contributions to administrative and capital works funds > > (1) The owners corporation 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. > > > (2) That determination must be made at the same meeting at which those estimated amounts are determined. > > > (3) The owners corporation must levy on each person liable for it such a contribution. > > > (4) If the owners corporation is subsequently faced with other expenses it cannot at once meet from either fund, it must levy on each owner of a lot in the strata scheme a contribution to the administrative fund or capital works fund, determined at a general meeting of the owners corporation, in order to meet the expenses. > > > (5) A contribution is, if an owners corporation so determines, payable by the regular periodic instalments specified in the determination setting the amount of the contribution.