Management Council Membership of a Management Corporation
One of the big differences between living in a ‘good’ Management Corporation and a ‘bad’ one is how good the management council functions.
The management council of a Management Corporation is the group of elected owners (or their representatives) who are responsible for running and maintaining the block of units/apartment building/strip of shops/office building or whatever the structure of the body corporate is.
Who sits on a management council?
Office holders – or management council members – are usually elected at the management council meeting following the first Annual General Meeting. Even if there is a strata managing agent and certain duties have been delegated to them, the secretary and treasurer are still able to exercise their powers, if they choose to do so. In most instances the strata managing agent performs all the functions of the secretary and treasurer and they operate in a supervisory position.
In addition to the members, each management council will vote in a chairperson, secretary and a treasurer, all who have specific functions. These include:
- Chairperson: The role of the chairperson is to conduct management council meetings and to decide on issues relating to voting and procedure.
- Secretary: The secretary will be responsible for organising management council meetings and minutes, and related correspondence and administration.
- Treasurer: The management council treasurer deals with levy notices, bank accounts, and financial statements and other financial records.