New South Wales Consolidated Acts

COMMUNITY LAND MANAGEMENT ACT 2021 - SECT 174

174 Certificate by association as to financial and other matters relating to lot

(1) Contents of association information certificate An association information certificate must specify the following information in relation to the lot or scheme to which the application for the certificate relates--

(a) the amount of any regular periodic contributions required to be made to the administrative fund, and the capital works fund, of the association and the periods for which those contributions are payable and any discounts for early payment,

(b) whether there is an amount unpaid of the contributions and, if so, the amount unpaid,

(c) the date on which a regular periodic contribution to the administrative fund, and the capital works fund, of the association was levied,

(d) in the case of a precinct association or a neighbourhood association within a community scheme--the particulars referred to in paragraphs (a), (b) and (c) in relation to contributions to the community association and to a precinct association of which it is a member,

(e) any unpaid amount levied to meet expenses the association could not at once meet from its administrative fund or its capital works fund and the date on which it was levied,

(f) if the application relates to a development lot, neighbourhood lot or strata lot to which is attached the use of restricted property--any amount unpaid by the owner in relation to that use,

(g) any unpaid amount levied as provided by the order of a court for payment of costs by the association and the date on which it was levied,

(h) if the application relates to a development lot or a neighbourhood lot--the amount of any debt recoverable from the owner of the lot in respect of work done by the association on, or in relation to, the lot,

(i) the amount and rate of interest payable in relation to an unpaid contribution referred to in this section,

(j) other information required to complete the form of the certificate.

(2) Information relating to management of association to be included in association information certificate The association information certificate must state, as at the date of the certificate, the name and address of each member of the association committee and the name and address of any managing agent appointed under this Act for the scheme.

(3) Form of association information certificate The association information certificate must be in the form approved by the Secretary.