levy fund definition
levy fund means a fund referred to in subsection (1).
levy fund means the levy fund referred to in clause 10 hereof;
levy fund means the fund established by the Company in terms of Section 13 of the Share Blocks Act;
More Definitions of levy fund
levy fund the fund established by the company .
levy fund means a fund for the purpose of meeting all expenses that the Company has incurred, or which the Directors reasonably anticipate that the Company will incur (which may include a reasonable provision for contingencies) for the ensuing financial year, in the furtherance of the Company’s business and objects, as well as maintaining an emergency cash reserve of at least three months’ worth of Members’ Levy contributions as a reserve for unforeseen or capital replacement projects and other matters, as contemplated in this document;