Question: Can you please advise if a special resolution can take place at the annual AGM, or is a special meeting needed?
Answer: In practice, special resolutions occur at both Annual General Meetings and Extraordinary General Meetings.
A special resolution is defined under Section 5 of the Strata Schemes Management Act 2015. A resolution of the Owners Corporation is a “special resolution” if:
- it is passed at a properly convened general meeting, and
- of the value of votes cast–
- not more than 25% are against the resolution, or
- if the resolution is a sustainability infrastructure resolution–less than 50% are against the resolution.
In practice, special resolutions occur at both Annual General Meetings and Extraordinary General Meetings.
So to answer your question, yes a Special Resolution can be passed at an Annual General Meeting.
This post appears in the December 2022 edition of The NSW Strata Magazine.
Rod Smith
The Strata Collective
E: rsmith@thestratacollective.com.au
P: 02 9879 3547

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