› Flat Chat Strata Forum › Finance, budgeting and loans › NSW Annual Levies not set as AGM not held › Current Page
10/07/2019 at 9:35 am
#38626
“The AGM can be held anytime in the 12 months after the Financial year for the Plan ends.”
Is that right in NSW? That surprises me if correct. Where I am, which is not NSW, the AGM can’t be more than 15 months after then last one and not more than 3 months after the start of a new financial year. We are not allowed to wait till the 364th day of a year before setting the budget and levies for that year, all the while spending without authority!