The Reef Resort Owners Association became incorporated on 28 March 2023. The association came about after irregularities occured during the Stage 1 2022 Annual General Meeting (AGM).
An owner submitted an Adjudication Application which was accepted by the Commissioner for Body Corporate and Community Management (BCCM).
The application was dismissed on 17 November 2023 but not before the irregularities of the AGM were acknowledged and the election of the committee considered invalid by the Adjudicator.
The Adjudicator hoped the committee election processes will be resolved soon.
Adjudication Orders
Concerns have been held for more than six years into how the resort and the ownership of villas has changed.
Villa ownership has gone from almost all holiday letting being run from a letting pool to Air BnB, long term tenants, villas being bought to house tourism industry staff and resident owners. The three stages have gone their own way, stage 3 in 2021 and stage 2 in 2022/3. Teleconferencing has become the norm and it is rare to see the Caretaker on site.
2024, the stage 1 committee now has 3 resident members. The executive committee have not asked for payment for service since 2022 and travel allowance is no longer granted to interstate committee members.