Sectional title corner – Which financial year should the maintenance plan cover?
Hi, our financial year runs from January to December. The new act was published in October 2016, so what year should the first maintenance plan cover? 2016 or 2017? – Doug
Hi Doug, even though the act does not specify this, what makes practical sense is the financial year ending December 2017.
Got a burning question? Email email@example.com and we’ll be sure to assist you
Who is Karien Coetzee?
Karien Coetzee is the national property management consultant at property management company, Trafalgar. She holds qualifications in sectional title schemes management and homeowners association management.