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CONTRACT TERMINATION: Have a look at your contract to determine the exact date it terminates and whether there are conditions imposed on earlier termination.
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Thanks Tina, the contract expires at the end of November and, without renewal, will terminate. It specifies that, on termination, the strata managers must hand over all documents, funds etc. within 7 days.
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SECRETARY: As secretary, you can call your own meeting of the owners at any time. You don’t even have to let the strata manager know. Refer to Strata Schemes Management Act 2015 . Schedule 1 Meeting procedures of owners corporation. NSW Legislation web site.
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With the support of the chair, I have called an EGM for Monday week 21/10 to address the issues of self-management and resolve them in time to allow the establishment of alternative methods for payment of levies before notices go out. We have informed the strata managers of that and asked they withhold the issue of notices. Their reply was accommodating. We should be able to get by with allowing the contract to lapse and invoke the 7 day transfer clause.
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