› Flat Chat Strata Forum › Community Title › Manager profits from gas stored in our tank › Current Page
Hi There
Thank you for the replies,
Being that there is no disclosure of this being a profit source within the community and that there seems to be no compliance with the AER guidelines and the retail laws I am thinking that we should propose a full audit by an independent body as a agenda item in the upcoming AGM.
Would you please suggest any suitable firms you may know of that we could add as suggestions in this submission?
The existing PM bought into the site about 18 months ago, about 6 weeks before ourselves. The previous owners had both the restaurant and the management rights under the one umbrella and split them in order to successfully find buyers.
My assumption is that the embedded gas system was one of the income sources presented to the current owners when they came in thus their determination to defend their position and keep this as an income source. This is just one example of things that were never set up properly from the beginning of this OC.
We are very concerned that the direction of getting a by-law in place will be a lengthy process, tiresome negotiations and will add up some considerable costs to simply gain a position of saving our business money on a utility bill at the end of the day.
Thanks again
D.