Did You Know?
Addition: 8 December, 2023
Many schemes have February year-ends and this often causes delays with the scheduling of the Annual General Meetings as the Auditors are overloaded. Auditors also often charge more for attending to February year-end audits.
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Many schemes have February year-ends and this often causes delays with the scheduling of the Annual General Meetings as the Auditors are overloaded. Auditors also often charge more for attending to February year-end audits.
Read more...
Addition: 27 November, 2023
Example: An owner in a scheme would like to request a Special General meeting in order to vote on a special resolution to approve an extension to their section.
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Example: An owner in a scheme would like to request a Special General meeting in order to vote on a special resolution to approve an extension to their section.
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Addition: 21 November, 2023
Shorter notice of general meetings can be given in the event of emergencies. The STSM Act stipulates that at least 14 days’ notice must be given of any general meeting to be held. For meetings where a special or a unanimous resolution needs to be passed the Act calls for 30 days’ notice.
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Shorter notice of general meetings can be given in the event of emergencies. The STSM Act stipulates that at least 14 days’ notice must be given of any general meeting to be held. For meetings where a special or a unanimous resolution needs to be passed the Act calls for 30 days’ notice.
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Addition: 10 November, 2023
The STSM Act states that these persons may attend and speak at Trustee meetings, but cannot vote and propose any motions for discussion. They are also not entitled to attend certain parts of the meeting where there are:
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The STSM Act states that these persons may attend and speak at Trustee meetings, but cannot vote and propose any motions for discussion. They are also not entitled to attend certain parts of the meeting where there are:
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Addition: 10 November, 2023
Different resolutions would be required for improvements to the common property. The first question to is - Who will be doing the improvement? Will it be done by an owner or by the Body Corporate?
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Different resolutions would be required for improvements to the common property. The first question to is - Who will be doing the improvement? Will it be done by an owner or by the Body Corporate?
Read more...