COMMUNITY LAND MANAGEMENT ACT 1989 - SECT 56 Payments to or by association in relation to association property
COMMUNITY LAND MANAGEMENT ACT 1989 - SECT 56
Payments to or by association in relation to association property56 Payments to or by association in relation to association property
An association may, by unanimous resolution, make an agreement with a member of the association regarding--
(a) payment to the member of money that would otherwise be payable to the association under a transaction involving association property, or
(b) payment of money by the member in relation to restricted property.