OpenLegislation

Paragraph 18.2 Content of draft budget

Original text. Later amendments are not shown.

A draft budget is to set out–

(a)

the total service charge and the date (or dates) on which the service charge will be due for payment;

(b)

an estimate of any other funds which the association is likely to receive and the source of those funds;

(c)

an estimate of the expenditure of the association; and

(d)

the amount (if any) to be deposited in a reserve fund.