9
CurrentCost of improvements—Act, s 37(2)(g)(i)
9 Cost of improvements—Act, s 37(2)(g)(i)
For section 37(2)(g)(i) of the Act, the prescribed amount, for the cost of improvements made to common property, is the amount worked out by using the formula—
$PA = 2,000 x L where—
L means the number of lots the subject of the plan that includes the common property.
PA means the prescribed amount in dollars.
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