Victorian Consolidated Legislation
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Subdivision Act 1988 - SECT 32AK
Identity of owners corporation not affected by alteration of plan
32AK. Identity of owners corporation not affected by alteration of plan
(1) Unless this Part otherwise provides, the alteration of a registered plan
under this Division does not affect the legal identity or continuity of
operation of the owners corporation.
(2) If the alteration of a registered plan for which there is only one owners
corporation (the first owners corporation) results in the creation of one or
more additional owners corporations, the Registrar may rename the first owners
corporation.
(3) An owners corporation that is renamed under subsection (2) is deemed to be
the same body under the new name and any reference to that body by the old
name in any Act or instrument is deemed to be a reference to that body by its
new name.
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