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Strata Management Act 2013 · s 65
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Strata Management Act 2013 · s 65
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
The expenses of a subsidiary management corporation that relate solely to its limited common property shall be shared, from time to time, by the proprietors of all parcels entitled under this
Chapter to the exclusive benefit of the limited common property, and each parcel’s share of contribution shall be calculated as follows:
A x
C
B
Where—
A is the share unit of a parcel;
B is the aggregate share units of all parcels entitled to the exclusive benefit of the limited common property; and
C is the total contributions determined by the subsidiary management corporation as payable by proprietors of all parcels entitled to the exclusive benefit of the limited common property.