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04/10/2013 at 5:32 pm
#19716
Roo – the limit on the costs of legal services is the lower of $1,000 / lot or $12,500, so that limit is actually less than 50% of the general limit for large schemes.
It’s also worth noting that a compulsory motion on the agenda for all Annual General Meetings is one asking whether or not the Owners Corporation (O/C) wishes to have any particular matter/s or types of matter/s determined only by it as opposed to by its Executive Committee, and I’m guessing that was what simone’s O/C intended to invoke by placing restrictions on expenditure matters.
