Examples of STSMA in a sentence
The Purchaser acknowledges and consents to the amendment of the Sectional Title Rules of the STSMA.
The Purchaser acknowledges that this sale is governed by the Act and the STSMA and that the Purchaser is aware of and shall be bound by the Rules, Regulations, conditions and servitudes of whatever nature pertaining to the sale, ownership and use of the Subject Matter.
Furthermore, section 4 of STSMA (as quoted above) would allow for a BC that is in dire financial straits to raise money through the cession of unpaid levies.
The purchaser acknowledges that he is familiar with the rules as referred and contained in section 10 of the STSMA as published in Government Gazette 40335 of 7 October 2016.
Curiously, although the Magistrates Court concluded that special levies under section 3(3) of the STSMA become due and payable on the passing of a resolution by the trustees of a body corporate, it failed to grant judgment for the special levies which are due and payable by the respondent.