Body Corporate and Community Management (Specified Two-lot Schemes Module) Regulation 2011
sec.23Meaning of agreed body corporate expense
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sec.23 Meaning of agreed body corporate expense
An agreed body corporate expense is an item of expenditure that the body corporate has decided, by a lot owner agreement, to incur. Also, an item of expenditure is taken to be an agreed body corporate expense if the expenditure is necessary to comply with— an item of expenditure that the body corporate is required to incur under the Act , or this regulation; or a statutory order or notice given to the body corporate; or an order of an adjudicator, including an order for expenditure that an adjudicator is satisfied is required to meet an emergency; or a judgment or order of a court; or an order of QCAT. (sec.23-ssec.1) An agreed body corporate expense is an item of expenditure that the body corporate has decided, by a lot owner agreement, to incur. (sec.23-ssec.2) Also, an item of expenditure is taken to be an agreed body corporate expense if the expenditure is necessary to comply with— an item of expenditure that the body corporate is required to incur under the Act , or this regulation; or a statutory order or notice given to the body corporate; or an order of an adjudicator, including an order for expenditure that an adjudicator is satisfied is required to meet an emergency; or a judgment or order of a court; or an order of QCAT.
- (a) an item of expenditure that the body corporate is required to incur under the Act , or this regulation; or
- (b) a statutory order or notice given to the body corporate; or
- (c) an order of an adjudicator, including an order for expenditure that an adjudicator is satisfied is required to meet an emergency; or
- (d) a judgment or order of a court; or
- (e) an order of QCAT.