7AOwners corporation for 2-lot subdivision (tier five owners corporations)

7A Owners corporation for 2-lot subdivision (tier five owners corporations)

(1) An owners corporation for a 2-lot subdivision is exempt from compliance with—

(a) sections 18, 31, 32, 59, 60, 61, 61A, 62, 65, 89A, 89B, 95, 96 and 97; and

(b) Divisions 2, 3 and 4 of Part 3; and

(c) Divisions 1, 2, 3, 4 and 5 of Part 4; and

(d) Divisions 1 and 2 of Part 9; and

(e) Division 1 of Part 10.

(2) In any provision of this Act or any other Act as it applies in relation to an owners corporation for a 2-lot subdivision, a reference to—

(a) a unanimous resolution means a resolution passed by the total votes for those lots; and

(b) a special resolution means a unanimous resolution.

S. 8 substituted by No. 4/2021 s. 5.