Annual General Meeting Prep Cheat Sheet
by Jennifer Paddock
Make sure you plan your next Annual General Meeting ‘by the book’ with our AGM Prep Cheat Sheet:
by Jennifer Paddock
Make sure you plan your next Annual General Meeting ‘by the book’ with our AGM Prep Cheat Sheet:
What are the legal requirements regarding the receipt of the Minutes of the AGM by owners? Currently owners only receive the minutes of the previous years AGM at the next AGM i.e July 2013’s AGM’s minutes received for approval at May 2014’s AGM
I appreciate the 14 days notice to be given. How is it calculated? If the meeting is scheduled for 17 March 2014 at 10:00 then the documents should be in the hands of the owners by 10:00 on 3 March 2014. Please clarify.
Regards
Gert
Hi Gert – good question. The parts of the Act and prescribed rules which determine meeting notice periods use the phrases “at least” and “not less than” in referring to the number of days. The periods must therefore be calculated so as to exclude the first day, ie. the day on which the notice is actually sent, and to include the whole of the last day. But if the last day falls on a Sunday or any public holiday, the notice period must be calculated so as to exclude that day.