sec.23Stratum subdivision

sec.23 Stratum subdivision

A community development lot, precinct development lot or balance precinct development lot may be subdivided by a stratum plan. A stratum plan that subdivides a community development lot creates community stratum lots. A stratum plan that subdivides a precinct development lot or balance precinct development lot creates precinct stratum lots. A community stratum lot or precinct stratum lot may be further subdivided by a building units plan. A stratum plan may be registered only if it is accompanied by a management statement. A management statement is a document that— regulates a building and its site; or is intended to regulate a proposed building and its site. The management of the building and its site is the responsibility of a building management committee. (sec.23-ssec.1) A community development lot, precinct development lot or balance precinct development lot may be subdivided by a stratum plan. (sec.23-ssec.2) A stratum plan that subdivides a community development lot creates community stratum lots. (sec.23-ssec.3) A stratum plan that subdivides a precinct development lot or balance precinct development lot creates precinct stratum lots. (sec.23-ssec.4) A community stratum lot or precinct stratum lot may be further subdivided by a building units plan. (sec.23-ssec.5) A stratum plan may be registered only if it is accompanied by a management statement. (sec.23-ssec.6) A management statement is a document that— regulates a building and its site; or is intended to regulate a proposed building and its site. (sec.23-ssec.7) The management of the building and its site is the responsibility of a building management committee.

• (a) regulates a building and its site; or
• (b) is intended to regulate a proposed building and its site.