sec.11Date of establishment of community titles schemes

sec.11 Date of establishment of community titles schemes

The principal scheme and subsidiary scheme are taken to be established on the conversion day. Subsection (1) applies despite the BCCM Act , section 24 (2) . If the State grants an easement before the conversion day over land that will be scheme land for the principal scheme or subsidiary scheme, the easement takes effect in relation to the shopping centre land from the day the easement is created. However, if an easement to which subsection (3) applies is inconsistent with the terms of a shopping centre lease, the lease prevails to the extent of the inconsistency. (sec.11-ssec.1) The principal scheme and subsidiary scheme are taken to be established on the conversion day. (sec.11-ssec.2) Subsection (1) applies despite the BCCM Act , section 24 (2) . (sec.11-ssec.3) If the State grants an easement before the conversion day over land that will be scheme land for the principal scheme or subsidiary scheme, the easement takes effect in relation to the shopping centre land from the day the easement is created. (sec.11-ssec.4) However, if an easement to which subsection (3) applies is inconsistent with the terms of a shopping centre lease, the lease prevails to the extent of the inconsistency.