40General meetings of body corporate

40 General meetings of body corporate (1) An annual general meeting of the body corporate of a community title scheme must be held within 3 months after the body corporate’s formation. (2) An annual general meeting of the body corporate (other than the first) must be held within 15 months after the last annual general meeting of the body corporate.

Membership and general meetings Division 8.3 Section 41 (3) The body corporate’s committee of management may call a special general meeting of the body corporate at any time and must do so if required by not less than 1/3 of the total number of members of the body corporate. (4) The body corporate’s committee of management must, at least 14 days before a general meeting of the body corporate, give to each member of the body corporate written notice— (a) stating the date, time and place of the general meeting; and (b) stating the nature of the business to be transacted; and (c) if a unanimous resolution is to be put to the general meeting— setting out the proposed resolution. (5) If a lot is owned jointly or in common by 2 or more people, the notice may be addressed to the co-owners jointly and given or sent to any of them.