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OWNERS CORPORATIONS ACT 2006 - SECT 28 Liability of lot owners

OWNERS CORPORATIONS ACT 2006 - SECT 28

Liability of lot owners

    (1)     The owners for the time being and any purchaser in possession of, and any person entitled to receive the rents and profits from, a lot are liable to pay any outstanding fees, charge, contribution or amount owing to the owners corporation in respect of that lot.

S. 28(2) amended by No. 4/2021 s. 15(1).

    (2)     Subject   to sections 24, 49 and 53, a lot owner is not liable to pay or contribute to the funds of the owners corporation a proportion of any amount required to discharge a liability of the owners corporation exceeding the lot owner's lot liability.

S. 28(3) repealed by No. 4/2021 s. 15(2).

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