› Flat Chat Strata Forum › NCAT – the NSW Tribunal › order by adjuciator › Current Page
The only difference in NSW (apart from the number of pages in the Act) is that when the mandatory motion about the O/C wanting to (or not) restrict the spending of its E/C on any particular item or matter is reached at the AGM, then to mimic your example, the O/C could then resolve:
THAT the E/C’s other spending from either the admin or sinking fund is $200 x No of lots, and that where that occurs they must on each occasion inform the OC of the results.
So in summary, in QLD a restriction of E/C spending is mandatorily limited in accordance with a standard formula in the Act, and in NSW it’s both optional and the formula flexible in accordance with the O/C’s requirements.
Neither is perfect in my opinion.
(PS the internet must be on a faux public holiday as well – I had to edit this post 6 times just to get it to stick!)