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Spence Law
- Jun 2, 2020
- 3 min
Can my body corporate postpone the AGM in view of the Covid19 situation?
We've received a couple of queries on whether a body corporate is entitled to waive the requirement to have an AGM for the current year, in view of the current Covid19 pandemic as well as the prohibitions on gatherings. In some circumstances, it is possible, although it needs to be waived by all owners within one month prior to the end of the financial year. In most cases, this has already passed. In terms of the Prescribed Management Rules, the body corporate must hold an AG
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