Mixed Use Development Act 1993
sec.110Registration
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sec.110 Registration
If the Supreme Court makes an order under section 109 , the registrar of titles must take the action necessary to give effect to the order, on lodgment for registration of a request to register the order. If the relevant body corporate resolves to extinguish a plan it must lodge with the registrar of titles— a request to extinguish the plan; and a copy of the unanimous resolution. On registration of a request under subsection (1) or (2 )— the plan is extinguished; and the relevant body corporate is wound up; and the land comprised in the extinguished plan is vested— in the case of a building units plan—in the proprietors in shares proportional to the lot entitlements of the proprietors’ respective lots; or in the case of a group titles plan, a precinct plan, a community plan or a stratum plan under part 6 —in the proprietors in the shares agreed by the proprietors by unanimous resolution; and all property of the body corporate is vested in the proprietors in the same shares as the land comprised in the plan is vested under paragraph (c) . (sec.110-ssec.1) If the Supreme Court makes an order under section 109 , the registrar of titles must take the action necessary to give effect to the order, on lodgment for registration of a request to register the order. (sec.110-ssec.2) If the relevant body corporate resolves to extinguish a plan it must lodge with the registrar of titles— a request to extinguish the plan; and a copy of the unanimous resolution. (sec.110-ssec.3) On registration of a request under subsection (1) or (2 )— the plan is extinguished; and the relevant body corporate is wound up; and the land comprised in the extinguished plan is vested— in the case of a building units plan—in the proprietors in shares proportional to the lot entitlements of the proprietors’ respective lots; or in the case of a group titles plan, a precinct plan, a community plan or a stratum plan under part 6 —in the proprietors in the shares agreed by the proprietors by unanimous resolution; and all property of the body corporate is vested in the proprietors in the same shares as the land comprised in the plan is vested under paragraph (c) .
- (a) a request to extinguish the plan; and
- (b) a copy of the unanimous resolution.
- (a) the plan is extinguished; and
- (b) the relevant body corporate is wound up; and
- (c) the land comprised in the extinguished plan is vested— (i) in the case of a building units plan—in the proprietors in shares proportional to the lot entitlements of the proprietors’ respective lots; or (ii) in the case of a group titles plan, a precinct plan, a community plan or a stratum plan under part 6 —in the proprietors in the shares agreed by the proprietors by unanimous resolution; and
- (i) in the case of a building units plan—in the proprietors in shares proportional to the lot entitlements of the proprietors’ respective lots; or