Unit Titles (Management) Act 2011
92General and sinking funds in staged developments
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92 General and sinking funds in staged developments (1) This section applies to a general fund or sinking fund established by an owners corporation for a staged development if the development has not been completed. (2) A contribution to a fund is not payable by the owner of a unit if the unit is in an uncompleted stage of the development. (3) The owners corporation must not pay an amount from a fund in relation to an uncompleted stage of the development. Division 5.3 Powers in relation to money owing to owners corporation