sec.40Sharing facilities— Act , s 95

sec.40 Sharing facilities— Act , s 95

This section has effect despite anything else in this chapter. The body corporate may, in the name of the body corporate, enter into an agreement with the body corporate of another community titles scheme under which the owners or occupiers of lots included in the scheme and lots included in the other scheme may share the use and enjoyment of— facilities forming part of the common property of either scheme; or body corporate assets for either scheme. The body corporate may enter into an agreement under subsection (2) with the body corporate for another community titles scheme under which the owners or occupiers of lots included in the scheme may use a tennis court forming part of the common property for the other scheme. The body corporate may exercise its powers under this section only if authorised by a lot owner agreement. (sec.40-ssec.1) This section has effect despite anything else in this chapter. (sec.40-ssec.2) The body corporate may, in the name of the body corporate, enter into an agreement with the body corporate of another community titles scheme under which the owners or occupiers of lots included in the scheme and lots included in the other scheme may share the use and enjoyment of— facilities forming part of the common property of either scheme; or body corporate assets for either scheme. The body corporate may enter into an agreement under subsection (2) with the body corporate for another community titles scheme under which the owners or occupiers of lots included in the scheme may use a tennis court forming part of the common property for the other scheme. (sec.40-ssec.3) The body corporate may exercise its powers under this section only if authorised by a lot owner agreement.

• (a) facilities forming part of the common property of either scheme; or
• (b) body corporate assets for either scheme.