#31117
steven strata
Flatchatter
Chat-starter

    Thanks Jimmy

    So the proxy Form and its notes are offical and I now note they are as specified in the Strata Schemes Regulations 2016.

    So I see the notes on the form ( and in the Regulations) say  (my underlines added )

    4   

    If a person holds more than the total number of proxies permissible, the person cannot vote using any additional proxies. The total number of proxies that may be held by a person (other than proxies held by the person as the co-owner of a lot) voting on a resolution are as follows:

    (a)  if the strata scheme has 20 lots or less, one,

    (b)  if the strata scheme has more than 20 lots, a number that is equal to not more than 5% of the total number of lots.

     

    Hence I take this as reinforcing for me my reading that the Act and the Regulations state that the limit on proxies relates to voting on each resolution … not the overall meeting.

    Probably little difference in most instances, put could be relevant where the proxies held relate to only voting on some resolutions of the meeting.

    I think nothing to lose any sleep about, but may be relevant in some circumstances.

    Regards

    Steven Strata Smile