The Condominium Act states that the Corporation, by a vote of 75% of the voting rights exercised at a meeting, may amend the By-laws so long as the rules relating to the circumstances of calling and conducting the meeting are followed. A notice of the meeting must have been provided at least 30 days before the meeting and a majority of the voting rights in the Corporation must be present at the meeting.
The requirement for calling a unit owner meeting is detailed in the By-laws. Additionally, the Board of Directors may call a meeting at any time after providing notice in accordance with the By-laws and The Condominium Act.
More than 50% of the unit owners are required to attend the meeting in person or by proxy. 75% of those who do attend, in person or by Proxy, must vote in favour of the proposed By-law Amendment in order for it to pass. The Amendment will only be effective upon registration in the Land Titles Office.
