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Excerpt from the original sales contracts for Lots at Pier 9- special conditions |
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13.2 Proxy |
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Whilst the Vendor is a member of the Body Corporate or has an interest in a Lot on the Plan before or after settlement Date : |
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13.3.1 The Purchaser irrevocably appoints the Vendor as its proxy to attend, speak and vote on the Purchaser?s behalf as the vendor thinks fit at all meetings of the Body Corporate at a ballot or on a committee of the Body Corporate, whether in person or by further proxy; and |
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12.3.2 the Purchaser may not exercise a right or a power as a member of the Body Corporate |
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in relation to the Developments, the Plan of Subdivision and at any stages and the management administration and operation of the Body Corporate. |
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UPDATE - 6/12/04 : The committee is delighted to announce that a VCAT hearing has resulted in an order that all the proxy voting rights are returned to the original first owners ( who still remain) . The Body Corporate voting rights are now solidly in the hands of all the individual current owners ( new and old). |
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Web Footnote: |
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The original property developer and Vendor of the Lots was Cavendish Properties. |
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Cavendish Properties appointed Cavendish Body Corporate Management as the Body Corporate Manager for Pier 9 |
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Waiver- It is incumbent on any prospective purcahser /owner to make their own legal property checks irrespective of the contents of these pages |
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SITE MAP |
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