Host your AGM in Tasmania — Quarter

In New Zealand? Visit quarter.nz for body corporates.

One meeting a year decides the next twelve months.

The AGM is where the budget is struck, the committee is elected and the year's spending is authorised. It is also the meeting most buildings run late, under-attended and under-recorded — which is how a body corporate ends up with decisions it cannot evidence and owners who feel it was decided without them. Almost all of the fix happens before the day.

Host your AGM in Tasmania

Tasmanian bodies corporate must hold an annual general meeting, and because most Tasmanian schemes are small and self-managed, the AGM is frequently the only formal thing the body corporate does all year. That makes it more important here, not less: it is the one occasion that produces a record, and a small scheme with no record is the one that struggles at the next sale.

Governed by the Strata Titles Act 1998, administered by the Recorder of Titles.

At a glance — TAS

Frequency
An annual general meeting each year, under the Strata Titles Act 1998.
Notice
Written notice to all owners with the agenda — check the Act and your by-laws for the period that applies to your scheme.
Business
Budget and contributions, insurance, the sinking fund, and electing the committee.
Small schemes
The obligations apply regardless of size — a four-lot scheme still holds an AGM.
Records
Minutes are the body corporate's own responsibility, and are what a buyer's conveyancer will ask for.

How to do it in Tasmania.

  1. 1

    Hold one, and write it down

    For many Tasmanian schemes this alone closes most of the gap between practice and obligation.

  2. 2

    Give proper written notice with an agenda

    Even where everybody already knows. The notice is part of the record.

  3. 3

    Review the insurance at the meeting

    Whose name it is in, the sum insured, and when it was last valued.

    In Quarter: Upload the policy and Quarter reads the insurer, policy number, dates, premium and broker straight off it, then puts the renewal on the calendar far enough ahead that you can go to market rather than accept a rollover.

    Review the insurance at the meeting in Quarter
  4. 4

    Set contributions against a real forecast

    Tasmania does not require a 10-year plan; the AGM is where a small scheme decides whether it will act like it has one.

    In Quarter: Upload the plan you already have and Quarter reads it into a costed schedule of items, lifecycles and due years. From there it projects the fund thirty years out and tells you the annual contribution that actually funds it.

    Set contributions against a real forecast in Quarter
  5. 5

    Elect or confirm the committee

    Or record that the owners are acting collectively, which is also a decision.

    In Quarter: Committee roles and who holds them are recorded against the building, so notices, voting rights and permissions follow the position rather than one person's inbox.

    Elect or confirm the committee in Quarter
  6. 6

    File the minutes somewhere findable

    Not in one owner's filing cabinet.

    In Quarter: Minutes are drafted from the meeting itself rather than written from memory a fortnight later, then reviewed, published to owners and filed in the document register — and every action item in them becomes a tracked task with an owner and a date.

    File the minutes somewhere findable in Quarter

Where TAS buildings get caught.

The meeting that happens over the fence

Informal agreement is not a general meeting and leaves nothing behind.

No minutes

The most common Tasmanian gap and the one that surfaces at settlement.

Insurance never reviewed

If the AGM does not look at it in a self-managed scheme, nobody will.

What a good AGM actually gets you

The legal requirement is a floor. A meeting run well does four things a compliant one might not: it authorises the year's money, it fills the committee, it settles the questions that would otherwise fill your inbox, and it leaves a record that answers them again next year.

It authorises the money
The budget passed at the AGM is what your contributions are raised against. A meeting that does not carry a budget properly leaves every invoice after it on shaky ground.
It fills the committee
Nominations, elections and office-holders. A building that cannot fill its committee at the AGM spends the rest of the year without one.
It is the one moment owners are all looking
Whatever you want owners to understand about the building — the maintenance plan, the insurance, the arrears — this is when they will read it.
It creates the record
Minutes are what a buyer's solicitor reads, what an owner relies on and what a tribunal asks for. They are the meeting's actual output.

How Quarter runs the meeting

The work is the notice, the agenda, the quorum, the votes and the minutes. Quarter does all five, and the committee does the deciding.

Notice on the statutory clock

The agenda and papers sent to every owner with the notice period the legislation actually requires, from the register rather than from somebody's contact list.

An agenda built from the year

Open decisions, unresolved maintenance, the budget and the motions owners submitted — assembled rather than remembered.

Voting that works for people who cannot attend

Proxies and electronic voting, so quorum stops depending on who happens to be free on a Tuesday evening.

Motions and votes recorded live

Each resolution, who moved it, the count, and the outcome — captured as it happens.

Minutes drafted from the meeting

Not written from memory a fortnight later. Reviewed, published to owners, and filed where the next committee will find them.

Questions we get asked.

What happens if we do not reach a quorum?
It depends where you are, and the difference matters. In some jurisdictions the meeting can proceed after a wait and the decisions stand. In others the resolutions are only interim and can be challenged for a period afterwards. Either way, the fix is the same: collect proxies before the day rather than hoping on it.
Can we hold it online?
Electronic and hybrid meetings are broadly permitted across Australia and New Zealand now, usually subject to how the body corporate has resolved to conduct meetings and to giving owners a fair means of participating. It is the single biggest thing you can do to lift attendance.
Who can submit a motion?
Owners can, and there is normally a cut-off before the notice goes out. That cut-off is why sending the notice early can accidentally shorten the window owners had to put something on the agenda.
What if nobody nominates for the committee?
Then you have a problem you can still solve. Most jurisdictions allow vacancies to be filled after the meeting, and some allow the body corporate to function with fewer members in the interim — but running without a committee for a year is how buildings drift.

Where this comes from

General information about Tasmania, not legal or financial advice for your building. Legislation is amended and grant programmes open and close — check the current position with the Recorder of Titles or the administering body before you act on anything here.

Host an AGM — elsewhere

Other things to get done in TAS

Get this one off the list.

Tell us about your building in Tasmania and we will show you exactly how Quarter would run it.