Quorum Requirements at Meetings

No business shall be transacted at any general meeting (annual and special) unless a quorum of persons or by proxy is present at the time the meeting proceeds to business.

A quorum at a General Meeting shall be:

1. Bodies corporate with ten units or less: At least 50% of the votes in number and value in person or by proxy.
2. Bodies corporate with less than 50 units but more than 10 units: At least 35% of the votes in number and value in person or by proxy.
3. Bodies corporate with more than 50 units: At least 20% of the votes in number and value in person or by proxy.

Only those persons whose levies are paid up at the time of an AGM may cast a vote