Who pays fee for convening a General Meeting/EGM?

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  • 12/10/2018 at 12:47 pm #11954 Reply | Quote
    Bridget
    Flatchatter

      Hi Flat Chatters. Would welcome any advice about fees for convening general meetings (ie EGMs, not AGMs). 

      A lot of owners in our building are submitting requests to undertake minor renovations. Per our by-laws, these are approved via an ordinary resolution at a general meeting. Our Strata Committee has simply convened general meetings as needed in response to these requests, with any meeting fees covered by the OC. We’ve had about 3 general meetings in the last 6 months.

      I’ve heard that other Strata Committees are advising owners to either:

      1) wait for a general meeting to be scheduled in future (whenever that might be – could be several months), to have their renovation request approved (or not)

      OR

      2) pay the fee for convening a general meeting earlier (to have their renovation approved). AND, the meeting fee seems to vary widely – anything from a few hundred dollars to several thousands.

      I haven’t been able to find anything in the Strata Act or any by-laws within individual Strata Plans to guide this. Any advice?

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    Reply To: Reply #30581 in Who pays fee for convening a General Meeting/EGM?
    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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