I don't disagree with Clive that Fred deserves to be paid for his work but, especially when it comes to financial matters, it's better to be squeaky clean, legally. Here is what the Strata Act says:
25 Can members of the executive committee be paid?
An owners corporation may pay to a person who is the chairperson, secretary, treasurer or a member of the executive committee such amount as the owners corporation determines at an annual general meeting in recognition of services performed by the person for the owners corporation in the period since the last annual general meeting.
Couldn't be clearer than that.