Special resolutions
41G Special resolutions
To pass a special resolution at a meeting of the residents of a retirement village subsections (2) and (3) must be complied with.
First, there must be a quorum present (whether in person or by remote communication or by proxy) of —
if the retirement village has fewer than 10 occupied residential premises — a majority of residents entitled to vote on the resolution; or
otherwise, the greater of the following —
5 residents entitled to vote;
30% of the number of residents entitled to vote.
Second, the resolution must be carried by at least 75% of the number of residents who —
are present (whether in person or by remote communication or by proxy); and
are entitled to vote; and
vote on the resolution.
[Section 41G inserted: No. 42 of 2024 s. 23.]
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