Capital Works Fund

A B C D E F G H I L M N O P Q R S T U V W

Previously known as the sinking fund, this fund is established by strata schemes to meet anticipated major expenditure. A 10 year capital works fund must be prepared straight after the FAGM, and it must be reviewed every 5 years thereafter.

A motion must be included at each AGM to discuss the Capital Works Fund (CWF)