The impact of non-payment of utilities in community schemes

Author: Zerlinda van der Merwe

Taken from Power Measurement Newsletter | December 2024 - Page 4

If you own a unit in, or manage, a body corporate, you will know that levy income is the lifeblood of the scheme, and that the body corporate does not (normally) budget for nonpayment of contributions levied, and even less so when it comes to recoveries.

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