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Unit Titles (Management) Act 2011
93Discounts—amounts owing
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93 Discounts—amounts owing
decide that a stated discount applies to an amount owing to the
corporation by a unit owner if—
(a) the amount is paid to the corporation before the date it becomes
payable; or
(b) for contributions payable by instalments—if the contribution is
paid—
(i) in full on or before the date stated in the notice of the
contribution for payment in full; or
(ii) in another way stated in the resolution.
contribution means a general fund contribution or a sinking fund
contribution.
Division 5.3 Powers in relation to money owing to owners corporation