BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 325 Approach adopted

BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 325

325 Approach adopted

(1) The approach adopted in this part is—

(a) on the commencement of this part, community titles schemes are established in place of building units plans and group titles plans under the 1980 Act; and

(b) building units plans and group titles plans are no longer to be registered under the 1980 Act, and instead, community titles schemes are to be established under this Act.

(2) However, the 1980 Act continues in force for—

(a) building units plans and group titles plans registered under the 1980 Act, if their registration under the 1980 Act was for a specified Act; and

(b) building units plans and group titles plans registered after the commencement, if their registration is for a specified Act; and

(c) the registration of building units plans and group titles plans lodged for registration before the commencement, or within a limited time after the commencement, except that, once registered, community titles schemes are established in place of the building units plans and group titles plans.