New South Wales Consolidated Acts

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STRATA SCHEMES DEVELOPMENT ACT 2015 - SCHEDULE 7

SCHEDULE 7 – Requirements for notices of meetings relating to strata renewal process

(Sections 158 (4), 160 (5) and 172 (2))

1 Notice of general meeting to consider strata renewal proposal

A notice of a general meeting of an owners corporation to consider whether a strata renewal proposal warrants investigation by a strata renewal committee must--

(a) clearly indicate that the purpose of the meeting is to consider a strata renewal proposal, and
(b) identify the proposed purchaser, if known, or proposed developer under the strata renewal proposal, and
(c) disclose the nature of any interest a proposed purchaser or proposed developer may have in the strata scheme, and
(d) include a brief summary of the strata renewal proposal, and
(e) include a form of motion that the owners corporation decide whether the strata renewal proposal warrants investigation by a strata renewal committee, and
(f) be accompanied by a complete copy of the strata renewal proposal.

2 Forms of motion for general meeting to establish strata renewal committee

For the purposes of section 160 (5), the matters are--

(a) determining the number of members of the strata renewal committee, and electing its members, and
(b) a budget for, or limitations on amounts to be spent on, preparing a strata renewal plan, and
(c) considering whether to delegate to the committee the authority to engage persons to help it prepare a strata renewal plan.

3 Notice of general meeting to consider strata renewal plan

A notice of a general meeting of an owners corporation to consider a strata renewal plan must--

(a) clearly indicate that the purpose of the meeting is to consider a strata renewal plan, and
(b) identify the proposed purchaser, if known, or developer under the strata renewal plan, and
(c) disclose the nature of any interest a proposed purchaser or developer may have in the strata scheme, and
(d) include a brief summary of the strata renewal proposal, and
(e) include a form of motion that the owners corporation decide whether the strata renewal plan should be given to the owners for their consideration, and
(f) be accompanied by a copy of the strata renewal plan.



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