Owners may be charged differing levy amounts in 2026

How Levies Are Determined

Levies are calculated according to the Unit Titles Act, using two main criteria:

Utility Interest – This covers most of the levies, including operating costs, the long-term maintenance fund, and contingency fund. At the Ridge, utility interest is currently the same as ownership interest.

Ownership Interest – This part of the levy is used for capital improvement funds, based on the ownership interest assigned to each unit in the Unit Plan.

👉 Read more for a detailed explanation

What does this mean for Ridge Resort timeshare owners?

Titles and Levies

Each owner holds a title for every week they own, showing the specific unit and week (e.g., Unit 10, Week 32).

In the March 2025 BCC minutes, it was noted that legal advice recommended billing levies based on ownership interests (formerly called unit entitlements), rather than charging all owners an equal amount. The Chair suggested presenting a special resolution to the 2025 AGM to agreement to continue to charge the timeshare levies in equal apportionments.

At the June 2025 AGM, this resolution was not presented, so no vote was taken. The Chair stated the new BCC would need to call a special general meeting to seek owner agreement before levies were set — but this has not occurred.

As a result, the default may be that levies are charged according to ownership interests listed on the Unit Plan. These vary by up to 13.2% between timeshare units, which could mean a difference of about $220 for owners using identical (pooled) weeks if the BCC follows the approach used at other Classic-managed timeshares in New Zealand.

More here.