Australian Capital Territory Consolidated Acts Australian Capital Territory Consolidated Acts(1) An owners corporation holds the common property as agent—
(a) for the owner, if all the units are owned by the same person; or
(b) in any other case—for the unit owners as tenants in common in shares proportional to their unit entitlement.
(2) The owners corporation must provide all members of the corporation opportunity for the reasonable use and enjoyment of the common property.