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STRATA TITLES ACT 1988 - SECT 6

STRATA TITLES ACT 1988 - SECT 6

6—Unit entitlement

        (1)         The unit entitlement of a unit is a number assigned to the unit that bears in relation to the aggregate unit entitlements of all of the units defined on the relevant strata plan (within a tolerance of ± 10 per cent) the same proportion that the capital value of the unit bears to the aggregate capital value of all of the units.

        (2)         The unit entitlement of a unit must be expressed as a whole number.

        (3)         The aggregate unit entitlements of all units defined on a strata plan must, if the regulations so provide, be a number fixed in the regulations.