The Condominium Act – Section 49 #159

BCREA logo with the words 'legally speaking' printed below

By Gerry Neely B.A. LL.B This section states that no expenditures in excess of $500 shall be made by a strata council unless: (a) an emergency exists, or (b) the expenditure was set out in the annual budget of the corporation which was approved by the owners at a general meeting, or (c) the owners