1. Strata 101- How the Committee
Functions
A
7
Part
Training
Series
for
New
Queensland
Body
Corporate
Managers,
9
July
2012
©
Copyright
2012
Teys
Lawyers
www.teyslawyers.com.au

2. Overview
1. CommiJee
powers
2. Powers
and
duKes
of
a
chairperson
3. Powers
and
duKes
of
a
secretary
4. Powers
and
duKes
of
a
treasurer
5. CommiJee
meeKngs
©
Copyright
2012
Teys
Lawyers
www.teyslawyers.com.au

3. CommiJees’
Powers
Day
to
day
administraKon
and
implementaKon
of
BC
decisions
Except
for
restricted
issues,
commiJee
decisions
are
decisions
of
the
BC
Spending
limits
apply
between
$200-­‐$450
x
lots
©
Copyright
2012
Teys
Lawyers
www.teyslawyers.com.au

4. Powers
&
DuKes
of
the
Chairperson
• Limited
to
chairing
meeKngs
• No
power
to
authorise
spending
to
any
extent
• No
power
to
make
decisions
in
the
absence
of
the
commiJee
• Does
not
have
a
casKng
vote
at
general
meeKng
©
Copyright
2012
Teys
Lawyers
www.teyslawyers.com.au

5. Powers
&
DuKes
of
a
Secretary
• Arranges
meeKngs
• Provides
records
• Issues
cerKficates
• Accepts
service
noKce
• Monitors
use
of
the
seal
• Maintains
the
roll
However,
in
pracKce
all
of
these
duKes
are
delegated
to
the
body
corporate
manager
©
Copyright
2012
Teys
Lawyers
www.teyslawyers.com.au

6. Powers
&
DuKes
as
a
Treasurer
• Authorises
payments
• Prepares
budgets
• Monitors
spending
• Monitors
levy
payments
• Makes
term
deposits
• Checks
financial
accounts
Again,
bookkeeping
and
day
to
day
treasury
funcKons
are
delegated
to
the
body
corporate
manager
©
Copyright
2012
Teys
Lawyers
www.teyslawyers.com.au

7. CommiJee
MeeKngs
Seven
days
noKce
(2
days
if
all
agree
in
wriKng)
Lot
owners
must
receive
noKce
Substance
of
issues
must
be
described
in
agenda
50%
of
voKng
members
is
quorum
One
vote
each
+
proxies
©
Copyright
2012
Teys
Lawyers
www.teyslawyers.com.au

8. Next
Week
• Financial
management
&
records
1. Financial
year
and
budgets
2. ContribuKons
and
levies
3. Financial
accounts
4. Documents
and
record
management
5. InspecKon
of
records
©
Copyright
2012
Teys
Lawyers
www.teyslawyers.com.au

9. About
the
Presenter
Michael Teys is the Founder and Principal Lawyer of TEYS Lawyers. He has a
Bachelor of Laws and practices exclusively in the area of strata and community title
law. He is a Fellow of the Australian College of Community Association Lawyers. He
was formerly an Adjunct Lecturer with Charles Sturt University. He has also been the
CEO of a publicly listed company and one of Australia’s largest strata management
companies managing over $8B of residential and commercial property. Michael
appears weekly on SKY News Business Channel's Property Success with Margaret
Lomas and is a regular panellist for the property edition of Your Money, Your Call for
the same channel. You can read Michael’s blog at www.michaelteys.com and follow
him on Twitter at @MichaelTeys.com
Teys Lawyers practice nationally in strata and community title law representing owners corporations, bodies
corporate and apartment owners. The firm’s practice groups include building defects, strata community
disputes, strata title property law, by-law / rules and levy / fee collection.
TEYS Lawyers provide an entirely cloud based working platform for their team. The firm provides flexible
working arrangements and has remote working locations in Queensland and Victoria.
©
Copyright
2012
Teys
Lawyers
www.teyslawyers.com.au