62Criteria for grant of further leases for community title

62 Criteria for grant of further leases for community title schemes—Act, s 289 (1) (f) (1) The following criteria are prescribed for a further lease of a lot in a community title scheme: (a) the application is made by the body corporate for the scheme;

(b) the application is supported by an ordinary resolution of the body corporate; (c) attached to the application is a certificate under the seal of the body corporate stating that at a general meeting of the body corporate held on a stated day a resolution was passed for paragraph (b) in the terms set out in the certificate; (d) the territory planning authority is granting further leases for all the lots in the scheme; (e) the further leases are all granted for the same term. body corporate—see the Community Title Act 2001, dictionary. community title scheme—see the Community Title Act 2001, lot—see the Community Title Act 2001, dictionary. ordinary resolution—see the Community Title Act 2001, dictionary.