What is the Difference Between the Strata Administrative Fund and Sinking Fund
One of the main questions that we often get asked by owners about their body corporate financials is – what is the difference between the Administrative Fund and the Sinking Fund in Queensland? As an owner within a body corporate scheme, it is important for you to understand these differences. Read the article………..
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NSW: Will the New Reform Mean that Owners Corporations Will Now Raise Money to Match their 10 Year Sinking Fund Plan?
Under the current legislation there is a requirement for owners corporations “to take into account” the 10 year sinking fund