Strata schemes management act 2015 interest on levies
The owners corporation can decide the timing that levies are collected from lot owners, for example, yearly, half‑yearly, quarterly or monthly. The date must be at least days after the notice is given. I understand when my levies are due for payment. Resolutions of owners corporations 6. Meaning of large strata scheme 7. Interest , discounts on. Order requiring original owner to pay compensation for inadequate estimates and levies. The process for the removal of abandoned goods previously set out in the SSMA no longer applies (and has been removed from the SSMA). The Acts are designed to overhaul the way strata schemes will be managed in the future in New South Wales. Have a fabulous holiday season. I’ll be back with you on New Year’s Day. All Strata Schemes impose a regular strata levy , usually collected quarterly, on all the lot owners. This video is unavailable. WHAT ARE STRATA LEVIES ? Strata levies are payments owners must all make to cover the stra...