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Executive Managing Agent

By Isabel Davies on Thu, 08 Mar 2018 at 11:28

Good day. Can a scheme appoint their current managing agent as executive managing agent or must this be done through application to CSOS? Is there a specific contract that must be drawn up?

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RE: Executive Managing Agent

andrew church replied on Thu, 08 Mar 2018 at 13:43

STAATSKOERANT, 7 OKTOBER 2016 page 63
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( BY SPECIAL RESOLUTION ?) or (Members entitled to 25 per cent of the total quotas of all sections may apply )
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Executive Managing Agent and Managing Agents
PMR28. (1) The body corporate may, by special resolution, (SPECIAL RESOLUTION ?) appoint an executive managing agent to perform the functions and exercise the powers that would otherwise be performed and exercised by the trustees.
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PMR28(2) Members entitled to 25 per cent of the total quotas of all sections may apply to the Community Scheme Ombud Service for the appointment of an executive managing agent.

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