New South Wales Consolidated Regulations

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STRATA SCHEMES MANAGEMENT REGULATION 2016 - REG 53

Application to pay amount secured by building bond to owners corporation

53 Application to pay amount secured by building bond to owners corporation

(1) For the purposes of section 209(2) of the Act, an application to pay the whole or part of the amount secured by a building bond to the owners corporation must be made not later than 14 days before the last day on which the amount must be claimed or realised under that section.
(2) The application is to be made in accordance with the procedures (if any) approved by the Secretary and published on the website of the Department that are in force.



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