BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 82 General principles of amalgamation

BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 82

82 General principles of amalgamation

(1) Two or more community titles schemes may be amalgamated under this part.

(2) When the schemes are amalgamated—

(a) the schemes end their existence as separate community titles schemes; and

(b) the lots and common property for each of the schemes become the lots and common property included in a single, newly established, community titles scheme.

(3) Community titles schemes must not be amalgamated if the newly established community titles scheme would not conform with the requirements of this Act for a community titles scheme.