Topic: What does “Acting in the interests of the OC” mean for committee members – FLAT CHAT

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24/08/2018 at 6:16 pm #11848 Reply | Quote
dustyrusty
Flatchatter
With what mandate should Strata Committee members be thinking about when exercising their duties diligently in the interests of the Owners Corporation?

I understand that as a committee member I must act in the best interests of the OC and at general meetings can vote in the best interests of myself and these might be completely opposite position on the exact same topics. But what does acting in the interests of the Owners Corporation entail?

What does being fair entail?

Should I be representing the desires of most owners?

Should I be protecting the owners corporations assets/bank balance at all costs?

When a dispute arises how do I know I’m taking the right stance?
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Reply To: Reply #30280 in What does “Acting in the interests of the OC” mean for committee members

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.