Queensland Consolidated Acts

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RETIREMENT VILLAGES ACT 1999 - SECT 102A

102A General services charges budget

(1) The scheme operator must adopt a budget (the general services charges budget) for each financial year for charges for general services.

(2) For subsection (1), the general services charges budget must—

(a) allow for raising a reasonable amount to provide the general services for the financial year; and
(b) fix the amount to be raised by way of contribution to cover the amount.

(3) The residents committee may, by written notice given to the scheme operator, ask the scheme operator to give the residents committee a copy of the draft general services charges budget for the financial year at least 14 days before the beginning of the financial year.

(4) The notice must be given at least 28 days before the beginning of the financial year.

(5) The scheme operator must comply with the notice.

(6) If, at the end of a financial year for which a general services charges budget is adopted, there is a surplus or deficit for the charges, the surplus or deficit must be carried forward and taken into account in adopting the general services charges budget for the next financial year.

(7) Subsection (6) applies despite section 106(1).



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