STRATA TITLES ACT 1998 - SECT 32 Reinstatement of buildings
STRATA TITLES ACT 1998 - SECT 32
Division 10 - Miscellaneous Reinstatement of buildings
(1) If a building on the site is damaged or destroyed, a scheme for reinstating the building in whole or in part may be approved under this section.(2) A reinstatement scheme referred to in subsection (1) may be approved (a) by agreement in writing between all interested parties; or(b) by order of the Supreme Court made on application by an interested party.(3) A reinstatement scheme may (a) direct how insurance money is to be applied; and(b) direct payment by the body corporate or any one or more owners of lots; and(c) direct changes to the plan; and(d) require the body corporate to compensate the owners of lots prejudiced by changes to the plan; and(e) deal with incidental or ancillary matters.(4) The interested parties are (a) the body corporate; and(b) the insurer; and(c) the owners and registered mortgagees of lots affected by the scheme; and(ca) the council in the municipal area of which the relevant land is situated; and(d) all other persons who appear from the Register to have an interest in the scheme.