RTA · Condominium Property Act
39 Contributions
following to be levied as contributions:
(a) for the purposes of the operating account and the reserve
fund, amounts levied on the owners at regular intervals
RSA 2000
(i) in proportion to the unit factors of the owners' respective
units, or
(ii) subject to the regulations, and if provided for in the
bylaws, on a basis other than in proportion to the unit
factors of the owners' respective units;
(b) amounts levied against owners as chargebacks under section
39.01;
(c) a special levy in accordance with section 39.1.
(2) Subject to the regulations, a contribution may include
reasonable and relevant administrative costs and legal fees,
including expenses and interest, incurred by the corporation.
(3) A contribution shall not include
(a) any amount for the purpose of collecting from an individual
owner a monetary sanction under a bylaw made under
section 35(1), or
(b) any other prescribed amount.
RSA 2000 cC-22 s39;2013 cS-19.3 s3;2014 c10 s30;2024 c20 s1(20)