Clause 83
Judgments against management corporation relating to limited common property
of Building Maintenance and Strata Management Bill 2004
BillNot in forceProvision 71 of 145
Clause 83
(1)
If a judgment against the management corporation relates solely to the lots whose subsidiary proprietors constitute a subsidiary management corporation, the judgment shall be against only the subsidiary proprietors of those lots.
(2)
A lot’s share of a judgment referred to in subsection (1) shall be calculated in accordance with section 81 as if the amount of the judgment were a contribution to the management fund and sinking fund, and a subsidiary proprietor’s liability shall be limited to that proportionate share of the judgment.