Lot owners are invited to submit motion/s for inclusion in the agenda of the Annual General Meeting. This meeting is usually held within three months of the end of the Body Corporate’s financial year, and submissions are required to be received by our office no later than the end of financial year in order to be included.
Any motions should be structured in a way that allows for it to be voted on with a ‘yes’, ‘no, or ‘abstain’. If the motion is considering expenditure of funds, you must include the cost and provide a copy of the quote/s where possible. You may also choose to provide a brief explanatory note of up to 300 words which will also be included for lot owners’ reference in the Annual General Meeting agenda.
When reviewing your motion see if it gives you clear instruction of the action required, if it doesn’t it may be ruled invalid.
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