Topic: Missappropriation of funds by the E. C. – FLAT CHAT

This topic has 13 replies, 8 voices, and was last updated 14 years, 6 months ago by .

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23/08/2011 at 7:39 pm #7602 Reply | Quote
Anonymous
   Our E.C. has routinely altered common property using O. C. funds without approval of a special resolution at a General meeting. With a view to getting some attention from the docile members among the owners is it reasonable and non-defamatory to refer to this as mis-appropriation of funds?

   An addition question is – could the secretary refuse to include an agenda item for the AGM to the effect that EC nominees should demonstrate that they understand at least three of the basic functions/limitations of an EC – and three be included on the agenda e.g.

1. Not alter common property under any circumstance nor be able to be delegated such a role.

2. Arrange repair of common property in a timely manner without regard to whether they think it is worth repairing (a sole O.C. responsibility).

3. Address all reports of breaches of the by-laws.
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Reply To: Reply #13615 in Missappropriation of funds by the E. C.

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.