Trustees squander scheme money
By Paddocks An owner in a sectional title scheme objected to the idea of the body corporate building up a large cash reserve that the trustees could just squander. It … Continue reading
October 31, 2018 · 1 Comment
Investment of body corporate funds
By Dr Carryn Melissa Durham The nature of a body corporate is to generate funds to cover expenses and to build reserves. Therefore, making profit is not their primary function. … Continue reading
February 21, 2017 · 2 Comments
