Can transfer of Money between Strata Administration fund and Sinking Funds take place if one fund is low??

The Answer is Yes.

The Owners Corporation can transfer money between the funds.

BUT - the Owners Corporation MUST make a Levy to repay that fund between within three (3) months after the Transfer of Money - S68 (2) & (3), S 71 (2) & (3) Strata Management Act.