Thursday, October 1, 2020

Owners Corporation Act 2006

Part 3
Division 5
Section 49

Cost of repairs, maintenance or other works | Section 49

(1)     An owners corporation may recover as a debt the cost of repairs, maintenance or other works undertaken wholly or substantially for the benefit of one or some, but not all, of the lots affected by the owners corporation from the lot owners.

(2)     The amount payable by the lot owners is to be calculated on the basis that the lot owner of the lot that benefits more pays more.

(3)     The works referred to in this section may be to the common property or a lot.

© State of Victoria (Consumer Affairs Victoria). For the latest information please go to https://www.legislation.vic.gov.au/in-force/acts/owners-corporations-act-2006/017

Disclaimer: Reproduced from the Owners Corporation Act 2006. This website does not give legal advice or other professional advice. You should seek legal or other professional advice before acting and not rely on any of the content on this website.

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