BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 334
Future plan
BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 334
Future plan
(1) Immediately after the future plan is registered under the 1980 Act, a
community titles scheme (the
"new scheme" ) is established for the future plan . (2) The new scheme is a
basic scheme . (3) Each lot in the future plan becomes a lot included in the
new scheme . (4) The scheme land for the new scheme is all the land
included in the parcel for the future plan . (5) The body corporate formed
under the 1980 Act for the future plan is taken to be, without change to its
corporate identity, the body corporate for the new scheme . (6) The original
proprietor for the future plan becomes the original owner for the new scheme .
http://www.austlii.edu.au/au/legis/qld/consol_act/bcacma1997388/s334.html