Australian Capital Territory Consolidated Acts

UNIT TITLES ACT 2001 - SECT 23

    (1)     If the planning and land authority approves a unit title application for a parcel, the authority must give the lessee of the parcel—

        (a)     written notice of approval including—

              (i)     if the application provides for a staged development—a copy of the development statement, signed by the authority, as amended (if at all) under section 22; and

              (ii)     particulars of any security required under section 24; and

        (b)     a schedule setting out the rent to be reserved under the lease of each unit and the provisions subject to which the lease of the unit is to be held; and

        (c)     a schedule setting out the provisions subject to which the lease of the common property is to be held.

    (2)     The rent reserved under the lease of a unit as indicated in the schedule mentioned in subsection (1) (b) is the rent for that unit (including any unit subsidiary annexed to the unit) indicated in the application or as decided by the planning and land authority under section 21 (Unit title applications—reasonable rent).