Correcting AGM levy errors: Can updated minutes replace an EGM?
When the body corporate levies notice for the third quarter of the financial year was issued, it became apparent there was an error involving the GST component of the calculations for quarterly payments displayed in the AGM agenda. The quarterly levy amounts approved by the body corporate at the AGM did not agree with the calculations in the lot budget summary.
The committee voted to issue updated AGM minutes with amendments to the approved quarterly amounts.