Victorian Consolidated Legislation

Subdivision Act 1988 - SECT 27F

Plan must specify lot entitlement and lot liability

27F. Plan must specify lot entitlement and lot liability



(1) A plan providing for the creation of an owners corporation or for the
merger of owners corporations must specify details of lot entitlement and lot
liability.

(2) A plan referred to in subsection (1) must be accompanied by a document-

   (a)  specifying the basis for the allocation of lot entitlement and lot
        liability; and

   (b)  containing the prescribed information.

(3) The prescribed information that a document must contain under subsection
(2) is not limited to information about the owners corporation or lot
entitlement or lot liability.