Common profits, common expenses and other matters
(1) The common profits of the property shall be
distributed among, and the common expenses shall be charged to,
the apartment owners according to the percentage of the undivided
interest of the apartment owners in the common areas and
facilities.
(2) Where the apartment owner is not himself in the
occupation of the apartment owned by him, the common expenses
payable by such apartment owner shall be recoverable from the
person in the occupation of the apartment.
(3) Common expenses shall be due from the expiry of
seventh day from the date of service of demand notice on the
apartment owner or, as the case may be, the occupant of the
apartment, by the Association and an interest at such rate, not
exceeding fifteen per cent per annum, as may be determined by the
Association, shall be payable on the arrears of common expenses.
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