Victorian Numbered Acts Victorian Numbered Acts(1) An owners corporation may levy special fees and charges designed to cover extraordinary items of expenditure.
(2) The fees set must be based on lot liability.
(3) The owners corporation may determine the times for payment of the special fees and charges.
(4) A special resolution is required when exercising a power under sub-section (1) if the amount involved is more than twice the total amount of the current annual fees set under section 23.
(5) Sub-section (4) does not apply if the fees are levied to pay for or recoup the cost of repairs or maintenance carried out to any part of the property for which the owners corporation is responsible where immediate expenditure is or was necessary to ensure safety or to prevent significant loss or damage to persons or property.