Is that correct, JT? Does one have to be a full 100% owner? Can a co-owner nominate another co-owner?
A co-owner can’t self-nominate but they can be nominated by their co-owner. Just to be clear, anyone – owner, tenant, the bloke from the cafe round the corner – can be nominated by an owner who is a) not standing for election themselves and b) up to date with their levies. They won’t necessarily be elected, though.
Also, two co-owners from the same lot can’t be on the committee at the same time unless they own more than one lot in the scheme.
Have a look at Section 31 and Section 32 of the Act, for more detail.