14First AGM must be held within 2 months after initial period

#### 14 First AGM must be held within 2 months after initial period 14 First AGM must be held within 2 months after initial period > > (1) The original owner or, in the case of a leasehold strata scheme for which there is no original owner, the lessor of the leasehold strata scheme must convene and hold a meeting of the owners corporation, in accordance with this Act and the regulations, not later than 2 months after the end 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 or lessor who fails to comply with this section remains liable to the penalty for that contravention even if the Tribunal makes an order under this Division or a meeting is convened and held in accordance with the order or otherwise. > > > (3) An original owner or lessor required to convene the first annual general meeting of an owners corporation must give at least 14 days notice of the first annual general meeting to— > > > > > (a) each other owner and each first mortgagee and covenant chargee shown on the strata roll, and > > > > > (b) each tenant of a lot in the strata scheme whose name has been notified under a tenancy notice as a tenant of the lot to the owners corporation in accordance with this Act. > > **s 14:** Am 2025 No 14, Sch 1\[3\].