21. What can be done with a surplus in the Operating Fund at the end of a fiscal year?

A surplus in the operating fund can be used to reduce the total contribution to the Operating Fund which, in effect, is returning it to the owners, transferred to the contingency reserve fund, or carried forward as an operating surplus.  Any other allocation would require a 3/4 vote at a general meeting.
An accumulated operating surpluses can only be spent in accordance with section 98 of the Strata Property Act.

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