(1) After receipt of a
full proposal, 1 or more general meetings of the strata company must be
convened to consider the termination proposal (unless it is a proposal that
cannot proceed further).
(2) The members of the
strata company present at a meeting may, by ordinary resolution (for which
notice is not required), require the proponent of the termination proposal to
leave the meeting while the proposal is discussed or, if the proponent is not
a member of the strata company, to be absent for the whole of the meeting.
(3) The persons on
whom a full proposal for the termination of a strata titles scheme must be
served by the strata company for the scheme must be given a reasonable
opportunity to make submissions to the proponent of the proposal and the
strata company.
(4) The council of the
strata company may —
(a)
discuss a termination proposal with the proponent; and
(b)
inform the owners of lots in the strata titles scheme of those discussions and
of any clarifications or additional information provided by the proponent; and
(c) make
recommendations to the owners of the lots in the strata titles scheme
regarding the proposal.
(5) The regulations
may impose additional requirements about the process required for
consideration of a termination proposal.
[Section 181 inserted: No. 30 of 2018 s. 83.]