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Sec. 20. Multi-Unit Developments Act 2011

ISB Act 2011-01-24
Open official source Full Act (37 Articles) Machine-readable Markdown (.md)

Application of section 19 to certain developments.

20.

Application of section 19 to certain developments.

Application of section 19 to certain developments.

20.— Where in relation to a multi-unit development to which section 2(2) applies a sinking fund stands established or an agreement exists between the unit owners, or by them with another person, to establish a sinking fund, the provisions of section 19 (other than the requirement to establish a sinking fund) shall apply to such sinking fund.

← Sinking fund. Multi-Unit Developments Act 2011 Owners’ management company annual charges. →

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