NSWIn ForceAct
Community Land Development Act 2021
101Compensation on resumption of association or common property
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#### 101 Compensation on resumption of association or common property
101 Compensation on resumption of association or common property
> > (1) Only the association or strata corporation in which association property or common property is vested may claim and be awarded compensation for the resumption of the property.
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> > (2) Subsection (1) has effect as if—
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> > > (a) the beneficial interests of the members in the property were vested in the association or strata corporation, and
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> > > (b) any compensation paid is held by the association or strata corporation in trust for the members according to their beneficial interests immediately before the resumption.