Victorian Consolidated Legislation

Subdivision Act 1988 - SECT 34H

Cancellation or amendment of plan on winding up

34H. Cancellation or amendment of plan on winding up



(1) If the Victorian Civil and Administrative Tribunal makes an order under
section 34G in respect of an unlimited owners corporation, the applicant for
the order may apply to the Registrar for the amendment or cancellation of the
plan and the Registrar may amend or cancel the plan in accordance with the
order.

(2) If the Victorian Civil and Administrative Tribunal makes an order under
section 34G in respect of a limited owners corporation, the applicant for the
order may apply to the Registrar for the amendment of the plan and the
Registrar may amend the plan in accordance with the order.

(3) An unlimited owners corporation is dissolved when the Registrar amends or
cancels the plan under subsection (1) and, subject to the order of the
Victorian Civil and Administrative Tribunal, the lots and common property (if
any) become a single lot and vest in the former lot owners as tenants in
common, in proportion to their lot entitlements and the Registrar must create
a folio of the Register accordingly.

(4) A limited owners corporation is dissolved when the Registrar amends the
plan under subsection (2).

(5) After amending or cancelling the plan, the Registrar must notify the
Council.

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