Will NCAT consider owners corporation finances in levy payment plan disputes?

NSW
Levies & Finance
question
Lookupstrata community member

If a dispute over a levy recovery matter proceeds to NCAT to determine the reasonableness of a proposed payment plan, will the Tribunal consider the owners corporation's financial position?

answer
Matthew Lo
Matthew Lo Kerin Strata Lawyers

The financial position of the owners corporation would likely be a less persuasive consideration as opposed to a lot owner's financial position.

The current amendment only uses the term "reasonable" without providing a list of what factors may be considered in arriving at a "reasonable" refusal of a payment plan. This is likely something to be clarified in the regulations, yet to be rolled out. Generally, whilst the owners corporation's financial position may be a consideration, it would likely be a less persuasive consideration than a lot owner's financial position.

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