Section 54
Expenses of subsidiary management corporation
of Strata Management Ordinance, 2019
The expenses of a subsidiary management corporation that relate solely to its limited common property shall be shared, from time to time, by the subsidiary 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:
72
x
Where—
is the share unit of a parcel;
is the aggregate share units of all parcels entitled to the exclusive benefit of the limited common property; and is the total contribution determined by the subsidiary management corporation as a sum payable by subsidiary proprietors of all parcels entitled to the exclusive benefit of the limited common property.