This article discusses strata secretary payment frequency, explaining that owners can approve quarterly payments if agreed by ordinary resolution at an AGM.
Question: I am a long term secretary for our building. I carry out a lot of volunteer work around the building. At the AGM, a motion passed to pay me to be an unofficial onsite building manager. Can I be paid quarterly for this role instead of annually?
Answer: I see no reason why you couldn’t be paid quarterly.
The relevant section is 46:
STRATA SCHEMES MANAGEMENT ACT 2015 – SECT 46
Payment of officers of owners corporation
The key points are:
- Must be decided by the owners at an AGM by ordinary resolution (simple majority)
- For the period since the last AGM (ie 2021-2022 year)
I see no reason why you couldn’t be paid quarterly across 2022-2023.
Rod Smith The Strata Collective E: rsmith@thestratacollective.com.au P: 02 9879 3547