Section 25: Registered mortgagee may pay contribution and recover same from the owner

If an owner fails to pay any amount payable under section 22 within one month of the same becoming due and a registered mortgagee of the flat in respect of which the owner is in default has paid such amount on the owner’s behalf, such payment shall be recoverable by the registered mortgagee from the owner as if the amount of such payment formed part of the principal sum due under the registered mortgage of the flat.

文章分類 Part IV PROVISIONS RELATING TO CORPORATIONS

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