by Allison | Jun 8, 2021 | News & Publications, NSW, Recent News
Statutory Demands An amendment to the Corporations Regulations 2001 (Cth) will enact a change to the minimum amount for a statutory demand from 1 July 2021, increasing the current statutory minimum of $2,000 to $4,000 to reflect the impact of inflation. This change...
by Allison | May 11, 2021 | News & Publications, NSW, Strata Disputes
An owners corporation can recover a contribution when it has not been paid one month after it became due and payable. Interest payable on that unpaid contribution and the reasonable expenses of the owners corporation incurred in recovering those amounts can also be...
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 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...
