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Section 77 - Unit Titles (Management) Act 2011 - General fund—what can fund be used for? — Zoe

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Unit Titles (Management) Act 2011

77General fund—what can fund be used for?

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77 General fund—what can fund be used for? An owners corporation for a units plan may only make payments from a general fund if the payments are— (a) approved in the general fund budget; or (b) authorised by ordinary resolution.

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