Unit Titles (Management) Act 2011

An owners corporation for a units plan must give notice of a determination of general fund contributions to each unit owner.

The notice must include the following information:

the general fund contribution payable for the unit;

the general fund contributions payable for each other unit;

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;

the proportion of the total general fund contribution payable for the unit and how the proportion is worked out;

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);

if the contribution is payable by instalments—the dates when the instalments are payable;

how the contribution may be paid;

details of any discount for early payment decided by the owners corporation under section 93;

details of interest payable for late payment under section 94.