• This topic has 2 replies, 2 voices, and was last updated 10 years ago by .
  • Creator
    Topic
  • #10612 Reply | Quote
    Susanp
    Flatchatter

      Our Strata Manager sends out the usual preliminary notice together with the proxy form before our AGM.  On our proxy form there is a box we can tick  authorising the Strata Manager to  vote on the owners behalf if they so choose to.

      Usually a higher number of owners send in proxies, giving full authorisation to the SM to vote on all matters on their behalf.  The owners that come to the meeting are usually less than the proxy votes. (Only a block of 7 units).

      My question is:

      1.If more owners gives the  full authority to vote on all matters, (via their proxy vote) to the actual Strata Manager, does this give the Strata Manager the power to make decisions to pass all or any of the motions on the agenda at the AGM? 

      2.Could the new legislation regarding Proxy farming,  apply to the above scenario or does this only apply to the individual owner?

      (After all isn’t this giving the power to one individual i.e. the strata manager using the proxy votes in the same way that an owner was able too before the new legislation came into place?)

      thanks.

    Viewing 2 replies - 1 through 2 (of 2 total)
    • Author
      Replies
    • #25381 Reply
      Jimmy-T
      Keymaster

        Under the new legislation, the strata manager would only be allowed to hold one proxy, as would you.

        It will get interesting if only you and the strata manager (with one proxy)  turn up at the AGM.  You would have equal votes (unless his proxy has a higher Unit Entitlement.  

        The message is clear – make sure you always have your one permitted proxy in your pocket, then you can always outvote the strata manager.

        The answer to question 1 is moot since the strata manager can only carry one proxy.  However, if that proxy carried more Unit Entitlements than opposing votes (collectively) then they could pass any motion except those regarding their own contracts.

        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.
        #25382 Reply
        Susanp
        Flatchatter
        Chat-starter

          Thanks again Jimmy for the great information on this. Greatly appreciated.

        Viewing 2 replies - 1 through 2 (of 2 total)
        Reply To: Proxy votes -full authority given to the Strata manager.
        PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

        You can use BBCodes to format your content.
        Your account can't use all available BBCodes, they will be stripped before saving.

        Your information: