At the Annual General Meeting a Committee must be elected from the lot owners or those who act for them (e.g. a corporate nominee).
The Body Corporate Committee is required to have at least 3 members.
The maximum number of committee members for schemes with 7 or more lots is 7. If there are less than 7 lots, the maximum is the same as the number of lots.
For Body Corporates that act under the Small Schemes Module, the Committee consists of a maximum of 2 members. It will only include a secretary and treasurer.
The Body Corporate Committee is responsible for:
- making decisions on behalf of the Body Corporate (subject to limitations designated by legislation);
- enacting lawful decisions of the Body Corporate; and
- The administrative and ongoing operation of the Body Corporate (a Body Corporate Manager can be engaged to aid in these duties).