@JimmyT said:
FYI: The proposed new laws will not be presented to Parliament until after the election in march next year and will not come into effect until 2016. Then owners will be limited to five proxy votes or five percent of votes in schemes smaller than 20 lots.
5% of vote in schemes smaller than 20 lots seems excessive, this is likely around 1 proxy for a 20 lot scheme, and potentially none for many smaller schemes. My scheme is smaller than this, I’m also a joint owner, so need a proxy form to even vote for my own lot… at our last AGM another owner decided to give me their proxy the day before, I didn’t even know about it until the day of the AGM, and signed the proxy form when I showed up to the meeting (the owner earlier signed it and provided it to our strata manager). With a 5% limit, I wouldn’t be able to have a single extra proxy if an owner wanted to give me one (like this instance)… Am I misunderstanding something?