New South Wales Consolidated Acts
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STRATA SCHEMES (LEASEHOLD DEVELOPMENT) ACT 1986 - SECT 35
Powers of lessor where no current lease
35 Powers of lessor where no current lease
(1) If a proprietor is entitled
to immediate possession of a lot because of the determination of a lease, the
proprietor is, for the purposes of this Act (but subject to such exceptions as
may be prescribed), to be deemed to be the lessee of the lot.
(2) Nothing in
subsection (1) confers or imposes on the proprietor any right or obligation
created by any lease, sublease, mortgage charge or covenant charge to which
any former lessee was subject.
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