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A decision of the owners corporation is required before the executive committee may commence or obtain legal advice on behalf of the owners corporation, except where the anticipated costs is less than $750 times the number of lots in the scheme or $10,000 (whichever is the lesser) [s. 80D].

Unless by resolution of the owners corporation, the executive committee of large schemes can not spend more than 10% above the budgeted cost for any item, except in an emergency. Specific emergencies include burst or blocked sewer pipes, serious fire or storm damage, electricity or security failures and serious glass breakages. [s. 80A]

 

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