sec.172Disposal of interest in and leasing or licensing of common property—executed document

sec.172 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 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 103(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 103 continues to apply to the documents that must accompany the instrument lodged for registration under the Land Titles Act 1994 . s 172 ins 2024 SL No. 40 s 49 (sec.172-ssec.1) This section applies if— before the commencement, a body corporate had executed a document to certify 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 103(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.172-ssec.2) Former section 103 continues to apply to the documents that must accompany the instrument lodged for registration under the Land Titles Act 1994 .

• (a) before the commencement, a body corporate had executed a document to certify 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 103(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.