Are your Body Corporate levies paid to your Body Corporate Manager?

Are your Body Corporate levies paid to your Body Corporate Manager?

False

Your levies are not paid to your Body Corporate Manager.

All Bodies Corporates are required to have a bank account in the name of the Body Corporate and all levies and contributions must be paid into this account.
The Administrative Fund portion of your levies is used to pay for your day to day expenses, for example: lawn mowing & gardening, Insurance, common electricity, Body Corporate Management fees.  The Sinking Fund portion of the levies is used to pay for long term and mandatory expenses, for example: Gutter Replacements, roof repairs, painting.