COMMUNITY LAND DEVELOPMENT ACT 1989 - SECT 33
Dealings with association property
COMMUNITY LAND DEVELOPMENT ACT 1989 - SECT 33
Dealings with association property
(1) The estate or interest of an association in association property may be
dealt with only in accordance with this Act and the Community Land Management
Act 1989 .
(2) The estate or interest in community property held by the
community association as agent for the proprietor of a
community development lot may be dealt with in conjunction with the lot.
(3)
The estate or interest in association property held by a community association
or precinct association as agent for a subsidiary body may be dealt with in
conjunction with the subsidiary parcel.
(4) The estate or interest in
precinct property held by a precinct association as agent for the proprietor
of a precinct development lot may be dealt with in conjunction with the
precinct development lot.
(5) The estate or interest in
neighbourhood property held by a neighbourhood association as agent for the
proprietor of a neighbourhood lot may be dealt with in conjunction with the
neighbourhood lot.
(6) A reference in a dealing or caveat-- (a) to a lot that
is a community development lot, or is a neighbourhood lot or strata lot that
forms part of a community scheme--includes (without being expressly stated) a
reference to the estate or interest in the community property held by the
community association as agent for its members, or
(b) to a lot that is a
precinct development lot, or is a neighbourhood lot or strata lot that forms
part of a precinct scheme--includes (without being expressly stated) a
reference to the estate or interest in the precinct property held by the
precinct association as agent for its members, or
(c) to a lot that is a
neighbourhood lot--includes (without being expressly stated) a reference to
the estate or interest in the neighbourhood property held by the
neighbourhood association as agent for its members.
(7) Subsection (6) has
effect without a recording being made in the folio for the
association property.