sec.49Lot entitlement if group title lot to be subdivided by a building units plan

sec.49 Lot entitlement if group title lot to be subdivided by a building units plan

If a group titles plan creates a lot that is to be subdivided by a building units plan, then, in specifying the lot entitlement of the lot, regard must be had to the maximum number of lots into which the lot may be subdivided by the building units plan. Section 19 (2) and (3) of the Building Units and Group Titles Act 1980 does not apply to a group titles plan if a lot on the plan is to be subdivided by a building units plan. s 49 ins 1993 No. 46 s 18 (sec.49-ssec.1) If a group titles plan creates a lot that is to be subdivided by a building units plan, then, in specifying the lot entitlement of the lot, regard must be had to the maximum number of lots into which the lot may be subdivided by the building units plan. (sec.49-ssec.2) Section 19 (2) and (3) of the Building Units and Group Titles Act 1980 does not apply to a group titles plan if a lot on the plan is to be subdivided by a building units plan.