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Section 20 and sink funds

2 replies

butterfly133 · 05/07/2015 17:04

hi all
I was wondering if anyone knew the answer to this. I know section 20 means that leaseholders have to be consulted about projects that cost more than £250 each - but do they have to be consulted if the money is already in a sink fund?

Thanks!

OP posts:
caroldecker · 05/07/2015 18:02

Yes they do, the consultation is not to do with how it is funded - the sink funds belong to the leaseholders.

butterfly133 · 05/07/2015 18:39

Thanks carol, much appreciated Smile

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