#75451
Jimmy-T
Keymaster

    About to have our next AGM and will not be able to get through all our approved agenda items because we basically ran out of money.

    Not sure what this means.  Did you run out of money needed to action the items approved at the last AGM?

    One of the standard agenda items is to approve the minutes of the last AGM as true and correct. Can we do this given we have not actioned all approved agenda items before the upcoming AGM?

    The approval of the agenda items is a statement of intent.  The fact that you ran out of money doesn’t affect the fact that you made the decisions. The minutes should stand unless they report something that wasn’t discussed or agreed.

    Meanwhile, add those missed items to the new agenda and ask that the budget be adjusted to accommodate them.

    The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.