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Strata Schemes Management Regulation 2016
53Application to pay amount secured by building bond to owners corporation
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#### 53 Application to pay amount secured by building bond to owners corporation
53 Application to pay amount secured by building bond to owners corporation
> > (1) For the purposes of section 209(2) of the Act, an application to pay the whole or part of the amount secured by a building bond to the owners corporation must be made not later than 14 days before the last day on which the amount must be claimed or realised under that section.
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> > (2) The application is to be made in accordance with the procedures (if any) approved by the Secretary and published on the website of the Department that are in force.
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> **cl 53:** Subst 2020 (323), Sch 1\[17\].