@Whale said:
If you’re in NSW, the Strata Schemes Management Act (SSMA) prescribes that Annual General Meetings (AGM) must be held each year (obviously) on a date that’s no more than one (1) month either side of the Scheme’s original / first such meeting; so there’s no “15 month mark” – it must be between 11 and 13 months relative to the original such Meeting.The amount of Owners’ contributions (levies) must be set in accordance with the terms of a compulsory Motion placed on the AGM Agenda, and under the SSMA be invoiced as “regular periodic installments” in accordance with those Owners’ vote on the Motion; so whilst it’s possible for Owners to vote for five (5) periodic installments per year (i.e. one regularly each 73 days) that’s atypical, but in any case the invoice should state the period for which the payment applies…
Similar but not quite the same for the ACT: In the ACT there must be an AGM for each financial year and the AGM must be held within 15 months of the previous AGM.