Body Corporate and Community Management (Commercial Module) Regulation 2020
sec.204Disposal of interest in and leasing or licensing of common property—executed document
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sec.204 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 131(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 131 continues to apply to the documents that must accompany the instrument lodged for registration under the Land Title Act 1994 . s 204 ins 2024 SL No. 40 s 34 (sec.204-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 131(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.204-ssec.2) Former section 131 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 131(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.