Monthly Archives: July 2014


Jul

24

2014
AMENDING THE RULES FOR LEVIES DISPENSATION

AMENDING THE RULES FOR LEVIES DISPENSATION

Section 32(4) of the Sectional Titles Act 95 0f 1986 (as revised): Which Rules did the Legislature have in Mind? Standard Management Rule 31 (1) prescribes the ‘participation quota standard’ for determination of the value of owners’ votes or the apportionment of their financial liabilities, unless a different formula should have been introduced in terms of Section 32(4). Section 32(4) allows a developer, or later the…

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