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Body Corporate and Community Management (Standard Module) Regulation 2020
sec.229Register of allocations under exclusive use by-law
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### sec.229 Register of allocations under exclusive use by-law
This section applies if there is an exclusive use by-law, and, under the by-law, a person is authorised to allocate parts of the common property or body corporate assets for the purpose of the by-law.
The body corporate must keep a register of allocations, including an allocation under a reallocation agreement mentioned in chapter 3 , part 5 , division 2 of the Act , made under the exclusive use by-law.
The register must identify the following about each allocation—
the exclusive use by-law under which the allocation was made;
the common property or body corporate asset allocated;
the lot in whose favour the allocation was made.
(sec.229-ssec.1) This section applies if there is an exclusive use by-law, and, under the by-law, a person is authorised to allocate parts of the common property or body corporate assets for the purpose of the by-law.
(sec.229-ssec.2) The body corporate must keep a register of allocations, including an allocation under a reallocation agreement mentioned in chapter 3 , part 5 , division 2 of the Act , made under the exclusive use by-law.
(sec.229-ssec.3) The register must identify the following about each allocation— the exclusive use by-law under which the allocation was made; the common property or body corporate asset allocated; the lot in whose favour the allocation was made.
- (a) the exclusive use by-law under which the allocation was made;
- (b) the common property or body corporate asset allocated;
- (c) the lot in whose favour the allocation was made.