BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 37
Creating common property (no new scheme)
BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 37
Creating common property (no new scheme)
(1) If authorised by resolution without dissent, the body corporate for a
community titles scheme may acquire, and incorporate with the common property
for the scheme— (a) land in fee simple contiguous to scheme land; or
(b) a
lot included in the scheme.
(2) Subsection (1) applies only if— (a) the
titling and subdivisional arrangements needed for the acquisition are carried
out under the Land Title Act ; and
(b) the scheme, as changed by the creation
of the new common property, is consistent with the requirements of this Act
for a community titles scheme.
