The Owners Corporations Act 2006 states that an Owners Corporation must hold an Annual General Meeting for all Lot owners if it receives or pays out money during the financial year.
A written notice of the Annual General Meeting must be provided to all owners at least
14 days prior to the meeting date.
This meeting is the main opportunity for Lot owners to discuss matters concerning the common property, approve the financial statements and budgets and to elect the committee until the next Annual General Meeting.
You will receive minutes of the Annual General Meeting within 14 days of the meeting.
The Knight Alliance encourages all Lot owners to attend their Annual General Meeting not only to fully understand what your Owners Corporation has undertaken over the past year but what it plans to do in the current year.