The Condominium Act – Section 49 #159
![BC Real Estate Association logo with the words "legally speaking" printed below](https://www.bcrea.bc.ca/wp-content/uploads/LegallySpeaking.png)
By Gerry Neely B.A. LL.B This section states that no expenditures in excess of $500 shall be made by a strata council unless: (a) an emergency exists, or (b) the expenditure was set out in the annual budget of the corporation which was approved by the owners at a general meeting, or (c) the owners …