Recent confirmation from Fair Trading in NSW is that in a life and death emergency involving faulty common property the SC needs to give three days notice with the agenda prior to making any decision – unless the OC has somehow introduced a resolution/rule/by-law (not sure what) that allows for exceptions. We have had four SM’s and none have mentioned this but it’s basic good business practice to have defined how an emergency is declared/ by whom / funds approval escalations etc. I have a similar query to yours but one thing is clear the OC would have to have formally voted to allow an SC member to appropriate funds without agenda/minutes.