Page 77 - Q&A

The Directives further state that the Trustees may implement any other measures
that they deem fit to make sure that residents comply with the Regulations and
that it is not necessary for the CSOS to approve these measures as far as they
relate to the Regulations and are fair and of general application to all residents
and do not prejudice to any person in the scheme.
A complex aspect relates to the finances of the scheme and the payment of
levies taking into account the impact of the pandemic on the economy and
by implication also the finances of the scheme, is the ability of many owners
to pay their levies due to loss of work, salary cuts etc. What remains vital is
for owners to pay their monthly levies as a failure to do so will impact on the
ability of the body corporate to attend to its obligations such as paying the
insurance of the buildings, paying utility bills (where applicable), paying staff
or contractors, paying for maintenance etc. This principle does not preclude
the body corporate from taking measures to lighten the burden for owners
during this time. The body corporate may for example by way of a resolution by
its Trustees decide to waive or reduce interest on arrear levies during the lock
down time. The Trustees could also resolve not to take legal action against an
owner until for instance the lockdown is lifted. Such concessions can be limited
to owners who have been up to date with their levies prior to the lockdown but
fell in arrears during the lockdown. Property
If there are other aspects that you are still unsure about in respect of your
sectional title scheme, it may be prudent to contact your local property advisor
and discuss options and guidance on how to deal with each aspect.

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