Victorian Consolidated Legislation

Subdivision Act 1988 - SECT 32A

Total consolidation or re-subdivision

32A. Total consolidation or re-subdivision



(1) The owners of all the land in a plan that includes land affected by one or
more owners corporations may submit for certification and lodge for
registration a plan consolidating or re-subdividing all that land.

(2) The Registrar must not register the plan unless satisfied that each owners
corporation on the existing plan has no accrued or accruing debts.

(3) On the registration of the plan-

   (a)  each owners corporation on the previous registered plan is dissolved;
        and

   (b)  the land affected by each owners corporation on the previous
        registered plan vests in the former lot owners who were members of
        that owners corporation as tenants in common in proportion to their
        lot entitlements in that owners corporation, freed from any caveat,
        mortgage, charge, lease, sub-lease and from any easement under section
        12.