Amendment to Levies at AGM

› Forums › Levies and Unit Entitlements › Current Page

Create New Reply
  • Creator
    Topic
  • 14/02/2018 at 9:30 pm #11588 Reply | Quote
    swoo
    Flatchatter

      I just read on line that an amendment can be moved to adjust levies down by 10 per cent at an AGM and if voted on only the votes of those present would count ie the proxy for an absent owner would not count. 

      This article was written for QLD but interested if it applied in NSW. 

      Also query what happens when the current levy proposed is totally rejected at the AGM. Is the OC able to continue to operate with the existing levies or does it bring everything to a standstill so no invoices etc can be paid??

    • Creator
      Topic
    Reply To: Amendment to Levies at AGM
    PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

    You can use BBCodes to format your content.
    Your account can't use all available BBCodes, they will be stripped before saving.

    Your information:




    › Forums › Levies and Unit Entitlements › Current Page