@justsaying said:
Our AGM notice has a motion ” to extend the BM agreement for two years. ” as this appointment was not approved at a GM surely this motion is invalid.Would you be kind enough to state the exact wording/ section of the act re agreement as i cant find it.
There are three things you need to consider:
1. The EC can act on behalf of the Owners Corporation and make decisions EXCEPT where those decisions were originally made at a general meeting.
2. A General Meeting is superior to an EC meeting and therefore decisions can be made at a general meeting that supersede those made at an EC meeting.
3. Because of the above, any future appointment of a building manager must be made at a general meeting.
Apart fro m that, section 80B of the Act requires large strata schemes (more than 100 lots) to get two quotes for any expenditure over a figure set by the strata regulations (4.14) at $30,000. If your scheme is smaller than 100 lots, you don’t need to get two quotes (but there’s no harm in doing so).