Australian Capital Territory Numbered Acts

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UNIT TITLES (MANAGEMENT) ACT 2011 (NO. 41 OF 2011) - SECT 72

Definitions—div 5.2

(UTA s 55W)

In this division:

"administrative fund"—see section 73.

"expected sinking fund expenditure"—see section 83.

"general fund", of an owners corporation, means the corporation's administrative fund or a special purpose fund.

"general fund budget"—see section 75 (1).

"general fund contribution"—see section 78 (1).

"sinking fund"—see section 81 (2).

"sinking fund contribution"—see section 89 (1).

"sinking fund plan"—see section 82 (2).

"special purpose fund"—see section 74 (1).

"total general fund contribution"—see section 75 (2) (a).

"total sinking fund amount", for a financial year, means the total of expected sinking fund expenditure for the year set out in the sinking fund plan.



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