#13652
Jimmy-T
Keymaster

    Just as a rule of thumb, if you owe money from the previous quarter, regardless of how little, then you are 'unfinancial'.  The Government really needs to look at this anomaly as even people who are trying very hard to stay financial are being caught out by the quirks of accounting.  By the way, your strata manager would have been wrong to allow the vote if you were, indeed, unfinancial by the smallest amount.

    This is what the Act says:

    … an owner of a lot … may not vote at the meeting on a motion (other than a motion requiring a unanimous resolution) unless payment has been made before the meeting of all contributions levied on the owner, and any other amounts recoverable from the owner, in relation to the lot that are owing at the date of the notice.

    It would not be beyond the realms of common sense to impose a threshold of, say $50, on the amount owing.  But until common sense becomes part of the strata landscape, it pays everyone to make sure they are fully financial well before an AGM.

    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.