(4) Despite section 25, if
an owner has not, within 6 weeks after the date of the meeting, acquired the
reversion in the owner's lot, the owners corporation may, by
unanimous resolution, acquire the reversion in and the lease of the lot.
(5)
If the reversion in a lot has not, within 3 months after the date of the
meeting, been acquired by the owner of the lot or the owners corporation, the
lessor may acquire the lease of the lot.
(6) If there is no outstanding
reversion in a lot in the leasehold strata scheme, the lessor must immediately
give the Registrar-General notice in the approved form of--
(a) the passing of
the special resolution authorising the conversion of the scheme, and
(b) the
disposal of the reversionary estates in all lots in the scheme.
(7) If the
reversion in any lot has not, within 6 months after the date of the meeting,
been disposed of in accordance with this section, the lessor must give the
Registrar-General notice in the approved form of--
(a) the passing of the
special resolution authorising the conversion of the scheme, and
(b) the
disposal of the reversionary estates in the lots the reversion in which has
been acquired or the leases of which have been acquired in accordance with
this section, and
(c) the identity of each lot the reversion in which, or
lease of which, has not been acquired.
(8) A notice required to be given
under this section by the lessor may be given by the owners corporation, an
owner or another person.