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?
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.
Log in to your existing Lookupstrata Account to download the printable file.
The Strata Collective Managing Director Rod Smith has a Bachelor of Commerce and has been a strata manager of over 16 years. Rod currently sits on the SCA (NSW) Strata Managers Sub Committee and has previously been elected as a representative to the UDIA (development peak body) Strata Management Chapter for five years. The Strata Collective is currently the winner of the 2018 Small Strata Manager of the Year – NSW.
Rod is a regular contributor to LookUpStrata.
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