Conflict of interest?

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  • 13/02/2014 at 2:26 pm #9350 Reply | Quote
    Magnus10

      I’m a unit owner in a strata plan and we’re about to vote at an Extraordinary meeting to raise funds for urgent repair work which will run into $1,000’s for each unit owner.  The problem is one of the EC members has put in a quote for this work.  He currently owns about 38% of the units so has a large voting right.  My question is can he vote with such a clear conflict of interest? 

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    Reply To: Conflict of interest?
    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.

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