If authorised by a general meeting resolution, interest may be charged on overdue amounts at no more than the Penalty Interest Rates Act 1983 rate, and may be waived in a particular case. Before recovering money, the owners corporation must give a fee notice in the approved form stating the 28-day obligation to pay, the interest payable and the dispute resolution process; if unpaid after 28 days it may give a final notice in the approved form; and recovery proceeds as a debt in a court of competent jurisdiction or through the Part 11 process.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.