82Fund for meeting financial obligations

### 82 Fund for meeting financial obligations > > (1)  A body corporate must maintain a fund for the purpose of meeting its financial obligations under this Act. > > > (2)  All income must be paid into the fund and all expenditure must be made from the fund. > > > (3)  If the body corporate thinks fit, the fund may be subdivided into separate parts, one related to recurrent expenditure and the other related to capital expenditure. > > > (4)  The fund must be maintained at a level sufficient to meet reasonably foreseeable expenditure to be incurred by the body corporate.