(2) Notice of the application
must be served, in accordance with rules of court, on each person referred to
in subsection (1), other than the applicant, and on the other persons directed
by the court.
(3) The applicant and any person on whom notice must be served
under subsection (2) is entitled to appear and be heard on the hearing of the
application.
(4) At the hearing of the application, the court may make an
order to the effect that, despite the expiry of the leases of the lots and
common property in the scheme, the owners corporation continues in existence
for the purposes specified in the order until the date specified in the order
or in a further order of the court.
(5) The order may include directions
relating to any of the following matters--
(d)
the persons liable to contribute money for the discharge of the liabilities of
the owners corporation and the proportionate liability of the persons,
(e)
the distribution of the assets of the owners corporation and the proportionate
entitlement of each person under the distribution,
(g) pending legal proceedings that have
been brought by or against the owners corporation,
(h) the voting power at
meetings of the owners corporation of persons referred to in paragraphs (d)
and (e),
(i) the winding up of the owners corporation, including the
appointment and functions of a person to carry out the winding up,
(j)
another matter in relation to which the court considers it is just and
equitable to make provision in the order.
(6) The order has effect despite
any other provision of this Act.
(7) The court may vary an order made under
subsection (4) on the application of any person who was entitled to appear and
be heard on the hearing of the application for the order.
