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BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 76 Purpose of pt 9

BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 76

Purpose of pt 9

76 Purpose of pt 9

(1) This part provides for the complete termination of a community titles scheme, including the dissolution of the body corporate.
(2) Only a basic scheme may be terminated.
(3) Consequently, to terminate a community titles scheme other than a basic scheme, it is necessary for the scheme to first become a basic scheme.