IssuesLegislation

Not Enough Committee Members

As we were preparing AGM documentation for one of our Bodies Corporate, it became apparent the Body Corporate would not have the minimum of three committee members required under the Standard Module Regulation.  As the scheme had only five lots, we were able to recommend that they change regulation to the Small Schemes Module, under which a minimum of one committee member is sufficient.  This was so authorised with appropriate motions at the AGM.  As expected, the new Body Corporate Committee had less then the minimum required number of voting members.  However, once the change in regulation was recorded by the Titles Office, the new committee became valid.  Getting the correct motion wording for these changes is important .. Tracsafe can help.