93Discounts—amounts owing

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