- This topic has 2 replies, 2 voices, and was last updated 10 years, 9 months ago by .
-
Topic
-
Hi Everyone,
Q: does the treasuer without approval at a ECM have permission to spend funds?
Q: if the ECM vote to spend an amount at a ECM can the treasurer overrule that decision?
many thanks
-
Replies
-
@justsaying said:
Hi Everyone,Q: does the treasuer without approval at a ECM have permission to spend funds?
No, unless there has been an agreement at the EC or a general meeting to allow non-specified spending.
Q: if the ECM vote to spend an amount at a ECM can the treasurer overrule that decision?
No. However, it’s very easy to remove that person from that role. You put a motion up for your next EC meeting to declare the role of treasurer vacant and elect a new treasurer. They will still be on the EC but at least they won’t have hold of the purse strings.
If you want to be alerted when anyone replies to your posts or responds to this topic, please register and login, then you will be able to subscribe to the topic. The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers. NB: Longer threads may spill over to additional pages - look for the numbers on the bottom right, under the last post.