#13522
Billen Ben
Flatchatter

    Hi webwrx
    I did a CTTT application involving a large SP over spending a budget by over 50% and as far as I know no quotes were ever sought; the company just started work. The main beneficiary of the spending was a building company operated by the SP's Chair. CTTT did not raise an eyebrow. The spending requirements for large SP’s are very clear but this “little no no” was let go by CTTT.

    There appears to be issues in your SP but OC's often get excused for most “oversights”; even significantly overspending a budget as long as it didn't cripple the finances.

    If you make an application and it has the support of a majority of owners then you may have better luck than just pursuing the matter solo because you believe something dodgy went on but if majority of owners support pursuing the matter then you should not have trouble replacing the agent or getting an audit at the EGM.

    CTTT accepts a certain level of errors; unfortunately the amount and type of errors is not published so who knows where the line in the sand is.