
Who can approve significant body corporate spending?
Who can approve significant body corporate spending? Learn how the committee spending limit works, when owners must vote and when two quotes are needed.
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You might have heard that the Queensland law which regulates body corporate administration (legislation) has recently changed. The new legislation came into effect from the 1st of March 2021.
This new legislation applies to all body corporate communities in Queensland, with only a few exceptions.

Who can approve significant body corporate spending? Learn how the committee spending limit works, when owners must vote and when two quotes are needed.

“Act reasonably” is a phrase that appears throughout body corporate law. It’s a legal standard that applies to almost every decision a committee makes – enforcing by-laws, approving or refusing applications, spending scheme funds, engaging contractors, and resolving disputes between owners.