New South Wales Consolidated Acts

STRATA SCHEMES DEVELOPMENT ACT 2015 - SECT 88

88 Meetings of owners corporation relating to development concerns

(1) A motion, the passing or defeat of which at a meeting of the owners corporation or its strata committee would have the effect of making a decision about a development concern, must be--

(a) identified as relating to a development concern in the notice for the meeting, and

(b) moved separately from any other kind of motion.

(2) A general meeting of the owners corporation for the purpose of making a decision about a development concern may be convened under Schedule 1 to the Strata Schemes Management Act 2015 by the developer or the owners of at least 25% of the lots in the strata scheme that are not development lots.

(3) In convening the general meeting, the developer or any of the owners convening the meeting may give notice of the meeting on behalf of the strata committee of the owners corporation.

(4) The presence of the developer (or if the developer is a corporation, of the company nominee of the corporation) constitutes a sufficient quorum for any meeting of the owners corporation or its strata committee of which notice has been properly given.

(5) Subsection (4) applies only while business relating to a development concern is being dealt with.

(6) For the purpose only of allowing development permitted by a strata development contract to be carried out, a developer (or if the developer is a corporation, the company nominee of the corporation) may exercise the functions of an owners corporation bound by the contract, or of another person having functions under the strata scheme, that are prescribed by the regulations.

(7) This section has effect despite any other provision of this Act or the Strata Schemes Management Act 2015 .