48
In forceAmount of annual contributions
Schedule 1Management module 1 – standard scheme
48 Amount of annual contributions
The body corporate may, from time to time, decide:
(a) the amount of annual contributions payable by the unit owners to the body corporate; and
(b)
how the contributions must be paid.
Note for clause 48
Under section 39(3) of the Act, the contribution entitlement of a unit divided by the total contribution entitlements of all the units is the ratio representing the unit owner's share of annual contributions.
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