Yes. it does seem a bit mad but I can’t see any other interpretation of Section 9 (4)[see above].
Cutting out the extraneous non-relevant bits you get: “A member of the strata committee is not entitled to vote … if the member … was nominated … by a member who was an unfinancial owner … at the date notice of the meeting was given and the amounts owed … were not paid before the meeting.
You can’t be nominated by an unfinancial owner in the first place – which might be another interpretation – but then your nomination would be invalid and you wouldn’t be on the committee.
Interestingly, this refers to members, not lot owners so maybe it only applies if you were nominated to the committee by a member of the committee who later on becomes unfinancial.
I will dig a little further