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Written Permission of Trustees and Body Corporate

By Adri Brits on Mon, 12 Mar 2018 at 15:03

Our Code of Conduct - approved in 2013 and registered at the Deeds Offices have a couple of clauses that I find confusing.
For some rules makes mention of Approval of the Body Corporate and others states written approval of the Trustees.
What is the difference between the 2? When it refers to Body Corporate - does that mean all the owners of the Sectional Title Scheme or can this decision just be taken by the Trustees.


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RE: Written Permission of Trustees and Body Corporate

Murray Bennett replied on Mon, 12 Mar 2018 at 23:35

Approval of the Body Corporate means a resolution [either simple majority, special or unanimous resolution as needed] approved by a quorum of the members at a general meeting.
Approval of the Trustees means simple majority approval of a quorum of Trustees.
The Body Corporate is all members/owners of the scheme.
The Trustees are elected by the members at the annual general meeting to perform certain duties on behalf of the Body Corporate.
The Trustees elect a chairperson from themselves.

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