by Allison | Nov 18, 2020 | Case Review, Fact Sheets, Levies, News & Publications, NSW, Rules, Strata Disputes
All owners of a lot in a strata scheme must pay contributions levied on them in accordance with the schedule determined at the annual general meeting of the owners corporation for that year (and any special contributions determined during the year). Usually, the...
by Allison | Apr 7, 2020 | Fact Sheets, Legal Alert, Levies, News & Publications, NSW, Rules
Due to the COVID-19 emergency and to its financial impact on the global economy, a growing number of strata schemes are considering reducing the level of levies to be raised for their administrative and capital works funds. However, it is important to note that strict...
by Allison | Sep 15, 2019 | Levies, Levies, News & Publications, NSW, Strata Disputes, Strata Disputes
The short answer is yes, but only in extremely limited circumstances, and in practice, it is difficult and highly unusual. Contributions must be in accordance with unit entitlement Each year an owners corporation prepares a budget in anticipation of the funds they...
by Chris | Oct 3, 2017 | ACT, Levies, News & Publications, Recent News
On 2 August 2017, the ACT Civil and Administrative Tribunal (ACAT) handed down its decision In the Matter of Ruling Tribunal, section 31 of the Unit Titles (Management) Act 2011 (Civil Dispute) [2017] ACAT 56. This is a long awaited decision which indicates what...
by Chris | Mar 2, 2017 | Levies, News & Publications, NSW, Recent News
The owners corporation is responsible for recovering unpaid contributions levied against owners. The Strata Schemes Management Act 2015 (the Act) came into force after 30 November 2016 and introduced some important changes to the levy recovery process. Pursuant to...
