#24833

Yes we are already seeing this happening in our scheme.  Our EC is made up of a group of people with high unit entitlements so they can swing any and all votes their way/the way of their personal agenda.  By way of their tactics they prevent anyone getting on to the EC.  

In addition to setting up the EC so that the unit entitlement is high, they then proxy farm and pass the proxies around so that they scatter them amongst several members.  I have no doubt this will continue.  This, in addition to holding the proxies for the original developer, also with high unit entitlements, essentially means that there is no point in even attending any meetings anymore as they have the majority vote before the meeting even commences (they do everything on poll voting now).  May I also add they don’t even send out the minutes until two weeks after the meeting (breaching legislation) so nobody even knows the results until weeks later! 

In the last AGM they managed to swing the vote to remove any restriction on spending, so they can spend anything they want on anything!  Last year they were over budget and on top of that had huge accruals for the year.  Sadly this is what happens when you live with a bunch of complacent people.

Proxy votes should be banned altogether – you should only be able to vote if you go to the AGM and listen to other owners raising the real issues and make a proper informed vote.  But then again you also need to have an AGM where the EC generally allows owners to speak.