Transferring Money Between Funds (Administrative Fund & Sinking Fund)
Transferring money between funds (Standard Module) Questions regarding what the body corporate can do when there is not enough money allocated in a certain fund, in particular the transferring of money between the administrative fund and the sinking fund are common in our Office. In this article we will briefly touch on what are funds, […]
Ridiculous Motions
Can the Committee Refuse To Accept Ridiculous Motions? When such motions are submitted to the committee for inclusion on the next general meeting agenda, committees are left wondering how they are meant to deal with them. This is particularly so when the motions submitted are defamatory of owners or occupiers within the scheme. The first idea […]