Thinking Inside the Box

A Paddocks Sectional Title Lifestyle Blog

Tag Archives: budget

Bodies corporate need to budget for the education and training of the trustees

By Paddocks Trustees in sectional title schemes have many powers and duties as set out in the Sectional Titles Schemes Management Act, 8 of 2011 (“the STSM Act”). These powers … Continue reading

August 29, 2018 · 2 Comments

Incomplete AGM

By Anton Kelly Sectional title schemes are required to hold an annual general meeting (the AGM). This is the only meeting of owners that is required as a routine. At … Continue reading

December 23, 2015 · 9 Comments

Time line, from budget to levies

By Anton Kelly An argument was made the other day about which financial year’s budget is approved at the AGM. Here is a time line and the relevant provisions that explain … Continue reading

June 19, 2015 · 6 Comments
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