sec.249Disposal of interest in and leasing or licensing of common property—executed document

sec.249 Disposal of interest in and leasing or licensing of common property—executed document

This section applies if— before the commencement, a body corporate had executed a document to certify that the disposal of an interest in or the leasing or licensing of common property of a body corporate (a transaction ) had been authorised as required under former section 174(5)(a); and immediately before the commencement, an instrument (the instrument ) had not been lodged for registration under the Land Title Act 1994 to give effect to the transaction. Former section 174 continues to apply to the documents that must accompany the instrument lodged for registration under the Land Title Act 1994 . s 249 ins 2024 SL No. 40 s 18 (sec.249-ssec.1) This section applies if— before the commencement, a body corporate had executed a document to certify that the disposal of an interest in or the leasing or licensing of common property of a body corporate (a transaction ) had been authorised as required under former section 174(5)(a); and immediately before the commencement, an instrument (the instrument ) had not been lodged for registration under the Land Title Act 1994 to give effect to the transaction. (sec.249-ssec.2) Former section 174 continues to apply to the documents that must accompany the instrument lodged for registration under the Land Title Act 1994 .

• (a) before the commencement, a body corporate had executed a document to certify that the disposal of an interest in or the leasing or licensing of common property of a body corporate (a transaction ) had been authorised as required under former section 174(5)(a); and
• (b) immediately before the commencement, an instrument (the instrument ) had not been lodged for registration under the Land Title Act 1994 to give effect to the transaction.