NSWIn ForceAct
Community Land Management Act 2021
127Binding effect of management statement
Start here
Get a plain-English read of 127
Turn the raw legal text into a practical explanation grounded in Community Land Management Act 2021.
#### 127 Binding effect of management statement
127 Binding effect of management statement
> > (1) A management statement for a scheme applies to the scheme and each subsidiary scheme and is binding on—
> >
> > > (a) the association for the scheme, and
> >
> > > (b) each subsidiary body for the scheme, and
> >
> > > (c) each person who is the owner, lessee or occupier, or the mortgagee or covenant chargee in possession, of a development lot, neighbourhood lot or strata lot within the scheme or a subsidiary scheme.
>
> > (2) A management statement has effect as if—
> >
> > > (a) it includes mutual covenants by each person on whom it is binding to observe and perform its provisions, and
> >
> > > (b) the persons so bound had signed and sealed the management statement.