Is it common practice for boards of management companies of blocks of flats to publish their board minutes?

ANSWER

Although there is no requirement for board minutes to be published, you should be aware of the law in this area. Section 248 of the Companies Act 2006 requires every company to record the minutes of the meetings of directors, and to keep these minutes for at least 10 years from the date of the meeting. The minutes are evidence of the proceedings of the meetings and failure to comply with this law is an offence punishable by a fine. The Federation of Private Residents’ Associations recommend that board directors are as open as possible with regard to the board minutes - even if there is an innocent reason for withholding publication, it can lead to unnecessary suspicion by non-board members.
NOTB Team