Assiting you to enable and create efficient communities
The relevant Legislation and Regulations outlines the role of the Management Committee and their authority to act on behalf of the Corporation. We see the development of the relationship with the Committee and the Management Consultant as one of the key areas of effective Corporations.
Decisions of the Management Committee
The Management Committee may make any “Ordinary” decision of the Corporation except for decisions that require a “Special” or “Unanimous” Resolution.
The type of decisions that a Strata Committee would normally make include:
- Appointing contractors such as cleaners & gardeners
- Approval of minor works (those that don’t require a General Meeting approval)
- Accepting quotes for work
- Accepting quotes for insurance
- Reviewing the budget and making recommendations to the owners for future levies
- Review of the Financial Statements prepared by the Management Consultant
- Compliance matters such as by-law breaches
- Reviewing requests from Owners and the suitability of each request
- Investment of surplus funds into Term Deposits
The easiest way to think about the main role of the Management Committee is to work with the Management Consultant and Building Manager (if you have one) in order to make day to day decisions for the Corporation. The main decisions for Management Committee members are around contractors, compliance (by-laws and behavior) and approvals (maintenance and minor renovations). The major decisions for your strata are made by all the owners at a General Meeting.
Management Committee Meetings
There are different requirements for a notice of Committee Meetings compared to a general meeting of all owners
The notice period for these meetings is a written notice to each member, at least 3 days before the meeting.
Minutes of these meetings are then uploaded to the relevant portals for all owners to review.