Are strata meetings compulsory?

Are strata meetings compulsory?

Strata Schemes are required to hold an Annual General Meeting (AGM) once per year and additional General Meetings (often informally referred to as Extraordinary General Meetings) are held as required throughout the year.

How many proxy votes can a strata manager hold?

In New South Wales In a strata property with more than 20 lots, a number that is equal to no more than 5 percent of the total number of lots. For example, if your strata property has a total of 100 lots, it can have a maximum of five proxies.

How much notice must be given for a general meeting and where must the meeting be held?

The company must give a clear 21 days’ notice to its members for calling the AGM. The notice should mention the place, the date and day of the meeting, the hour at which the meeting is scheduled. The notice should also mention the business to be conducted at the AGM.

How do strata proxies work?

When it comes to proxy voting at a strata meeting, you may authorise a person to act as a proxy in writing. They will be able to do the following on your behalf: Attend, speak or vote on your behalf at an owners corporation meeting. Vote on your behalf on a ballot.

Do you need an agenda for a strata council meeting?

As long as the strata has made reasonable attempts to give the notice, no vote taken at an AGM will be deemed invalid due to the fact that someone had not received the notice. The notice must include: Strata council meetings also require agendas for many of the same reasons that AGMs require this document.

When to hold information meeting before strata AGM?

In addition to AGMs and SGMs, strata corporations (and sections) can hold information meetings to share information with owners and residents and have general discussions. Information meetings are often scheduled 4 to 6 weeks before an AGM or SGM. The following documents must be prepared for the AGM or SGM: agenda.

Can a Strata Corporation meet in person due to Assembly restrictions?

If your strata corporation cannot meet in person due to assembly restrictions, you are enabled by the provincial order to hold your meeting electronically. Photo by Getty Images Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page.

What is the schedule for a strata scheme?

This Schedule applies to annual general meetings and other general meetings of an owners corporation for a strata scheme. The provisions of this Schedule are subject to the regulations, but only to the extent that the regulations relate to large strata schemes.

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