New South Wales Consolidated Acts
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RESIDENTIAL (LAND LEASE) COMMUNITIES ACT 2013 - SECT 65
How site fees may be increased
65 How site fees may be increased
(1) Site fees payable under a site agreement can be increased only if the
increase is made in accordance with this Division.
(2) A site agreement may
provide that site fees payable under it may be increased in accordance with
either of the following procedures- (a) at specified intervals (or on
specified dates) by a fixed method, which may be either- (i) by fixed amounts,
or
(ii) by a fixed calculation (for example, in proportion to variations in
the Consumer Price Index or in the age pension),
(b) by notice (otherwise
than by a fixed method).
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