QLDIn ForceRegulation
Building Units and Group Titles Regulation 2008
sec.9Cost of improvements— Act , s 37 (2) (g) (i)
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sec.9 Cost of improvements— Act , s 37 (2) (g) (i)
For section 37 (2) (g) (i) of the Act , the prescribed amount, for the cost of improvements made to common property, is the amount worked out by using the formula— $PA = 2,000 x L where— L means the number of lots the subject of the plan that includes the common property. PA means the prescribed amount in dollars.