Section 40A:20-12.1 - Nonapplicability of certain annual service charges

NJ Rev Stat § 40A:20-12.1 (2019) (N/A)
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40A:20-12.1. Nonapplicability of certain annual service charges

3. The provisions of section 12 of P.L.1991, c.431 (C.40A:20-12) requiring staged increases in annual service charges over the term of the financial agreement and establishing a minimum annual service charge shall not apply to qualified subsidized housing projects.

L.1994,c.87,s.3.