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@Whale said:
As such a Special By-Law would benefit the Owners Corporation (O/C) [i.e. all Owners], then YES the costs of its preparation and registration (on the Strata Title) would be covered by the O/C provided of course that it’s approved by way of a special resolution at a General Meeting, where ≥75% of those in attendance both personally and by proxy would need to vote in favour in accordance with the units of entitlement of their respective Lots (i.e. a “poll vote” as opposed to one determined by a simple majority).
Thanks Whale,
I’m halfway between Tiles and Timber at the moment, I have the feeling they won’t be looking to fund anything additional they don’t have to only as we have some major special levies heading our way shortly.
However I guess if others in the OC feel strongly about it then its worth a shot to raise it in the AGM and see what comes out of it…
