24 Strata Management Contracts

24 (1) A contract entered into before the first annual general meeting by or on behalf of the strata corporation for the provision of strata management services to the strata corporation ends, regardless of any provision of the contract to the contrary, on the earlier of

• (a) the date that is 4 weeks after the date of the second annual general meeting,
• (b) the termination date contained in the contract or agreed to by the parties, and
• (c) the cancellation date established in accordance with section 39.

• (2) The strata corporation may, by a resolution passed by a majority vote at the second annual general meeting, continue a contract which would otherwise end under subsection (1)(a).
• (3) A resolution under subsection (2) does not require notice under section 45(3).

1998-43-24, effective July 1, 2000 (B.C. Reg. 43/2000).