Victorian Consolidated Legislation

Subdivision Act 1988 - SECT 27D

Restriction on creation of owners corporations

27D. Restriction on creation of owners corporations



(1) A lot must not be affected by more than one unlimited owners corporation.

(2) A lot must not be affected by more than one owners corporation unless-

   (a)  one of the owners corporations is an unlimited owners corporation; and

   (b)  all the other owners corporations affecting the lot are limited owners
        corporations.