(2) For the purposes of determining a special resolution, the
value of a vote in respect of a lot is equal to the unit entitlement of the
lot. However, if the total unit entitlement of lots of the original owner is
not less than half of the aggregate unit entitlement, the value of the vote in
respect of those lots is taken to be reduced by two-thirds (ignoring any
fraction).
(3) In this Act, a resolution of an owners corporation is a
"unanimous resolution" if it is passed at a properly convened general meeting
and no vote is cast against the resolution.
Note : A motion or election that
is not required to be approved by a special resolution or unanimous resolution
is passed by a simple majority of votes (see clause 14 of Schedule 1).
