12First AGM must be held within 2 months after initial period

#### 12 First AGM must be held within 2 months after initial period 12 First AGM must be held within 2 months after initial period > > (1) The original owner of land subdivided by a community plan, precinct plan or neighbourhood plan must convene and hold a general meeting of the association, in accordance with this Act and the regulations, within 2 months of the expiration of the initial period. > > > > Maximum penalty— > > > > > (a) 100 penalty units, and > > > > > (b) for a continuing offence—a further 2 penalty units for each day the offence continues. > > > (2) An original owner who fails to comply with this section remains liable to the penalty for the contravention even if the Tribunal makes an order under this Division or a meeting is convened or held in accordance with the order or otherwise. > > > (3) An original owner required to convene the first annual general meeting of an association must give at least 14 days notice of the first annual general meeting to— > > > > > (a) each member of the association, and > > > > > (b) each first mortgagee or covenant chargee of a development lot or neighbourhood lot who is shown on the association roll, and > > > > > (c) each tenant of a neighbourhood lot or strata lot who has been notified to the association in accordance with this Act as a tenant of the lot. > > **s 12:** Am 2025 No 14, Sch 2\[2\].