Topic: Are caretakers allowed on the Exec Committee? – FLAT CHAT

This topic has 4 replies, 4 voices, and was last updated 14 years, 9 months ago by .

Creator

Topic
08/12/2011 at 2:03 pm #7814 Reply | Quote
KB
This is a quick and hopefully easy question for someone to answer – are caretakers or building managers allowed to also be a member of the Executive Committee?

I'm referring to building managers who own a caretaker agreement to provide services to the OC, and as part of the contract they also own one or more lots in the complex.

I know they aren't allowed to vote at an EGM/AGM on anything from which they may personally gain advantage, but that's from the perspective that they are also owners.

It would appear to me that numerous potential conflict of interests would arise if they were also on the Exec, but I'm not sure where the legislation stands on this.

Is anyone able to assist?
Creator

Topic

Reply To: Reply #14412 in Are caretakers allowed on the Exec Committee?

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.