… going by the act you have quoted it’s straightforward and achievable.
Achievable, for sure, but straightforward? I don’t know how many people usually turn up at general meetings in Victoria – or hand in proxies or postal votes – but 75 per cent of all owners or unit entitlements is a massive threshold.
Even 50% of all owners (not just those present or voting at the meeting) is hard to achieve. Then there’s the whole 29 days “cooling off” period while you wait to see if the opposition can garner 25% of the votes against.
Compare that to NSW where it takes 75 % of votes in favour by the unit entitlements of lots represented at the meeting. If it passes, it passes; if it fails, it fails. Now that is straightforward. It’s not perfect but it’s easy to understand.