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Contents (2016 - 501)
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Strata Schemes Management Regulation 2016
Current version for 18 December 2017 to date (accessed 22 September 2019 at 04:41)
Part 3 Clause 21
21   Calculation of annual budget
For the purposes of section 95 (4) of the Act, the amount of the annual budget is to be the sum of the following:
(a)  the amount of contributions levied for the year concerned (whether or not they have been paid),
(b)  any income of the owners corporation from any other source,
(c)  any other amounts held by the owners corporation for the purposes of the owners corporation.