ACT: How much notice must be given for strata levies in the act?

This article discusses the ACT strata levy notice period and confirms that 28 days’ notice must be given.

Question: In the ACT, are there any rules or regulations around how much notice Strata must give before a levy (or Special levy) is due?

Answer: The notice period for levies is 28 days.

In the ACT, the notice period for levies is 28 days.

All details on how communication surrounding levies must be dealt with is found in (Section 79 of the Unit Titles (Management) Act 2011 which states the following regarding Notice of Contributions.

79 General fund—notice of contributions

1. An owners corporation for a units plan must give notice of a determination of general fund contributions to each unit owner.
2. The notice must include the following information:
   
   1. the general fund contribution payable for the unit;
   2. the general fund contributions payable for each other unit;
   3. the general fund for which the contribution is required, the proportion of the contribution to be paid into each fund, and the total amount to be paid into each fund;
   4. the proportion of the total general fund contribution payable for the unit and how the proportion is worked out;
   5. the date when the contribution is payable, if paid in full (which must be not later than 28 days after the date of the notice);
   6. if the contribution is payable by instalments—the dates when the instalments are payable;
   7. how the contribution may be paid;
   8. details of any discount for early payment decided by the owners corporation under section 93;
   9. details of interest payable for late payment under section 94.

This post appears in Strata News #549.

Mark Zezulka
ACT Division Manager
Civium Communities
E: mark.zezulka@civium.com.au