Queensland Consolidated Regulations

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BODY CORPORATE AND COMMUNITY MANAGEMENT (ACCOMMODATION MODULE) REGULATION 2020 - REG 162

Spending by committee [SM, s 172]

162 Spending by committee [SM, s 172]

(1) The committee may only give effect to a proposal involving spending above the relevant limit for committee spending for the community titles scheme if—
(a) the spending is specifically authorised by ordinary resolution of the body corporate; or
(b) the owners of all lots included in the scheme have given written consent; or
(c) an adjudicator is satisfied that the spending is required to meet an emergency and authorises it under an order made under the dispute resolution provisions; or
(d) the spending is necessary to comply with—
(i) a statutory order or notice given to the body corporate; or
(ii) an order of an adjudicator; or
(iii) a judgment or order of a court; or
(iv) an order of QCAT; or
(e) both of the following apply—
(i) the committee decides the spending is necessary to put in place a relevant policy of insurance, or to renew an existing relevant policy of insurance;
(ii) the decision to put the relevant policy of insurance in place, or renew the existing relevant policy of insurance, is not a decision on a restricted issue for the committee.
Note—
See section 44 (1) (c) .
(2) For this section, if a series of proposals forms a single project, the cost of carrying out any 1 of the proposals is taken to be more than the relevant limit for committee spending if the cost of the project, as a whole, is more than the relevant limit.
(3) Section 163 applies to the proposal in addition to this section if—
(a) subsection (1) (a) or (b) applies in relation to the proposal; and
(b) the proposal involves spending above the relevant limit for major spending; and
(c) the proposal does not involve spending mentioned in subsection (1) (c) or (d) .
(4) In this section—

"relevant policy of insurance" means a policy of insurance the body corporate puts into place or maintains under chapter 8 , part 6 .



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