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COMMUNITY TITLE ACT 2001 - SECT 86 Purpose—pt 12

COMMUNITY TITLE ACT 2001 - SECT 86

Purpose—pt 12

    (1)     This part provides for the complete termination of a community title scheme, including the dissolution of the body corporate.

    (2)     Only a basic scheme may be terminated.

    (3)     Consequently, to terminate a community title scheme other than a basic scheme, it is necessary for the scheme first to become a basic scheme.