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04/10/2012 at 4:50 pm
#16703
Isn’t the role of an Executive Committee the same as that of a Board of Directors?
I believe it is, so in that regard one cumbersome but nonetheless accurate definition by someone as anal as me could be….
An Executive Committee is a body whose members are nominated and elected by an Owners Corporation to jointly oversee its activities generally accordance with the provisions of the NSW Strata Schemes Management Act (1996) and specifically in accordance with the Constitution provided in Schedule 3 of that Act.
The Office of Fair Trading has a less cumbersome definition that you could perhaps pick the eyes out of here.
