› Flat Chat Strata Forum › Strata Committees › Gratuity payments to EC members › Current Page
Cosmo – It’s a bit of a fiddle, but I don’t see a problem with Executive Committee Members being elected at an AGM, and on the basis of simple majority vote by those so entitled it’s then resolved to make agreed payment/s to those Members at the end of each subsequent quarter, perhaps so that those align with the dates for making Levy Contribution Payments; that would meet the requirements of Sect 25.
Any discount on Levy Contribution Payments would in my opinion be harder to manage, as its limited to 10% under Sect 79, requires a vote by ≥75% of those so entitled on a unit entitlement basis (i.e. a poll vote), and would require each benefiting E/C Member to always make their payment in advance of the Due Date – where that can become messy; for example around the date that payments are made and when they’re received.