› Flat Chat Strata Forum › Strata Committees › Money, money, money. › Current Page
21/07/2012 at 7:27 pm
#15948
Anonymous
If this was raised at an AGM I would suggest that the EC was at the AGM, as such it would be reasonable to suggest that the Executive Committee would be fully aware of where the money is invested etc. I am sure the rest of the Executive would not sit back and see the OC money invested in any manner other than allowed under the Act, the same would apply with the Strata Manager and if they had knowledge of any investment that was not in compliance then they can all keep each other company in gaol.
Why not go along to the next EC meeting and ask where the money is invested?
Regards
Chris Mo’ane GMD
Integrated Consultancy Group