23Dealings with association property

23 Dealings with association property

23 Dealings with association property

(1) Association property may be dealt with only in accordance with this Act and the Community Land Management Act 2021.

(2) Association property held by an association as agent—

(a) for the owner of a development lot or neighbourhood lot, may be dealt with in conjunction with the lot, or

(b) for a subsidiary body, may be dealt with in conjunction with the subsidiary parcel.

(3) A reference in a dealing, caveat or priority notice to a lot is taken to include a reference to association property held by an association as agent in relation to the lot.

(4) Subsection (3) has effect without a recording being made in the folio for the association property.