We have a Body Corporate where there are some units registered in the name of the BC. How do we deal with these units when it comes to voting at the AGM? Does the Chairperson vote on behalf of the BC?
Let’s look at the STSM Act:
PMR 19
(3) For the purpose of establishing a quorum and for the purposes of section 6 of the Act, the value of votes of any sections registered in the name of the body corporate must not be taken into account and the body corporate must not be considered to be a member
Section 6 refers to sending the notice of the meeting; proxies and voting at meetings.
So the BC units are not included when calculating the quorum and nobody votes on behalf of the BC. In our Meeting Program these units are excluded by flagging them beforehand.