114—Contributions by owners of lots
(1) A community
corporation must, in general meeting, fix the amount it requires by way of
contributions from the owners of community lots.
(2) The amount must be
fixed by an ordinary resolution of the corporation and not by the management
committee.
(3) Subject to this
Act, the share of an amount fixed under subsection (1) to be contributed
by the owner of each lot is proportional to the lot entitlement of the lot
unless otherwise provided by a unanimous resolution of the corporation.
(4) A corporation may,
by ordinary resolution—
(a)
permit contributions to be paid in instalments specified in the resolution;
(b) fix
(in accordance with the regulations) interest payable in respect of a
contribution, or an instalment of a contribution, that is in arrears.
(5) A contribution, or
an instalment of a contribution, is payable on the day specified for payment
in a notice served by the corporation on the owner of the lot.
(6) The notice
must—
(a)
include information required by regulation; and
(b) be
served on the owner at least 14 days before the date for payment.
(7) Payment of a
contribution, instalment or interest is enforceable jointly and severally
against the owner or owners of the lot and the subsequent owner or owners of
the lot.
(8) A contribution,
instalment or interest may be recovered as a debt.
(9) Where a
leaseback arrangement is in force, the lessee and not the owners of the lots
that are subject to the leases comprising the leaseback arrangement must pay
the amount of the contribution.
(10) If the community
corporation carries out work at the request, or with the consent, of the owner
of a lot and the work wholly or substantially benefits that lot to the
exclusion of the other lots, the corporation may, subject to any agreement to
the contrary, recover the cost of that work as a debt from the owner of the
lot.
(11) Where a debt
referred to in subsection (10) is recoverable from the owners of two or
more lots, they are liable jointly and severally for the debt and are entitled
to contribution amongst each other in proportion to their respective
lot entitlements.
(12) An amount paid by
a person under this section is not recoverable by the person from the
corporation when he or she ceases to be the owner of the lot.