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COMMUNITY LAND DEVELOPMENT ACT 1989 - SECT 33 Dealings with association property

COMMUNITY LAND DEVELOPMENT ACT 1989 - SECT 33

Dealings with association property

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.