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Emergency use of reserve funds

Description

This information sheet explains rules around the use of reserve funds by condominium corporations in certain emergency situations to cover operating fund shortfalls resulting from declared states... More ≫

Description

This information sheet explains rules around the use of reserve funds by condominium corporations in certain emergency situations to cover operating fund shortfalls resulting from declared states of emergencies such as a public health emergency, wildfire, or overland flooding.

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Ministerial Order no. SA:009/2020 [Service Alberta]

Description

Responding to the COVID-19 pandemic is challenging the capacity for some organizations to comply with certain legislation and regulations, especially those related to time, location and distance.... More ≫

Description

Responding to the COVID-19 pandemic is challenging the capacity for some organizations to comply with certain legislation and regulations, especially those related to time, location and distance. This Ministerial Order from the Minister of Service Alberta allows flexibility for businesses, public bodies, non-profits and other groups to remain compliant with legislation. Modifications are related to legislative requirements related to time, location, distance, access to information and collection of utility payments.

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