RTA · Condominium Property Regulation
Part 2 — Capital Replacement Reserve Fund
27 Maintenance of reserve fund
at an appropriate amount or in an appropriate state so that the
requirements of section 38 of the Act continue to be met.
(2) Except for the purposes of paying for repairs to or replacement
of depreciating property, neither a corporation nor any person
holding money or dealing with money on behalf of the corporation
is to commingle any funds that make up the corporation's reserve
fund with the corporation's operating funds or any funds of any
other corporation or other entity.
(3) Neither a corporation nor any person holding money or dealing
with money on behalf of the corporation is to commingle any funds
that make up the corporation's reserve fund with the funds that
make up any other corporation's reserve fund.
AR 168/2000 s27;108/2004
Section 27.1 AR 168/2000
On and after July 1, 2020, each annual general meeting shall
occur within 90 days after the beginning of the fiscal year.