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  • #9620
    Dudley
    Flatchatter

      Good Morning All,

      Just a couple of questions re the above topic.

      A special levy has been proposed by the SM to clear a deficit in the admin account. Our sinking fund is quite healthy – can we transfer from the sinking account to clear the admin account deficit?

      Are there statutory levels required for the amount of funds contained in the sinking fund?

      Regards,

      Dudley

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