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Unit Titles (Management) Act 2011
79General fund—notice of contributions
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79 General fund—notice of contributions
(1) An owners corporation for a units plan must give notice of a
determination of general fund contributions to each unit owner.
(2) The notice must include the following information:
(a) the general fund contribution payable for the unit;
(b) the general fund contributions payable for each other unit;
(c) the general fund for which the contribution is required, the
proportion of the contribution to be paid into each fund, and the
total amount to be paid into each fund;
(d) the proportion of the total general fund contribution payable for
the unit and how the proportion is worked out;
(e) the date when the contribution is payable, if paid in full (which
must be not later than 28 days after the date of the notice);
(f) if the contribution is payable by instalments—the dates when the
instalments are payable;
(g) how the contribution may be paid;
(h) details of any discount for early payment decided by the owners
corporation under section 93;
(i) details of interest payable for late payment under section 94.