On 15 April 2022, article 1072 will read as follows:
1072. Each year, the board of directors, after consultation with the general meeting of the co-owners, fixes their contribution for common expenses, after determining the sums required to meet the expenses arising from the co-ownership and the operation of the immovable, and the amounts to be paid into the contingency fund and the self-insurance fund.
The Government determines, by regulation, the terms according to which the co-owners’ minimum contribution to the self-insurance fund is determined.
The contribution of the co-owners to the contingency fund is at least 5% of their contribution for common expenses. In fixing the contribution, the rights of any co-owner in the common portions for restricted use may be taken into account.
The syndicate, without delay, notifies each co-owner of the amount of his contribution and the date when it is payable.
1991, c. 64, a. 1072; 2018, c. 23, s. 640.