68Termination of scheme by Registrar-General

68 Termination of scheme by Registrar-General

68 Termination of scheme by Registrar-General

(1) This Division does not apply to a scheme if the scheme—

(a) is the subject of an application to the Supreme Court under Division 1, or

(b) has a strata scheme as a subsidiary scheme.

(2) The Registrar-General may terminate a scheme on the application of each owner of a lot within the scheme and any subsidiary scheme.

(3) On receiving an application under this Division, the Registrar-General may—

(a) make an order terminating the scheme, or

(b) refuse to terminate the scheme.

(4) A refusal by the Registrar-General to terminate a scheme does not preclude an application to the Supreme Court under Division 1 for termination of the scheme.

(5) An order terminating a scheme takes effect on being recorded in the Register.