sec.10Meaning of community titles scheme

sec.10 Meaning of community titles scheme

A community titles scheme is— a single community management statement recorded by the registrar identifying land (the scheme land ); and the scheme land. Land may be identified as scheme land only if it consists of— 2 or more lots; and other land (the common property for the community titles scheme) that is not included in a lot mentioned in paragraph (a) . Common property for a community titles scheme is, effectively, freehold land forming part of the scheme land but not forming part of a lot included in the scheme. Land can not be common property for more than 1 community titles scheme. For each community titles scheme, there must be— at least 2 lots; and common property; and a single body corporate; and a single community management statement. A community titles scheme is a basic scheme if all the lots mentioned in subsection (2) (a) are lots under the Land Title Act . However, under this Act, a lot may be, for its inclusion in a community titles scheme other than a basic scheme, another community titles scheme. Schedule 1 contains examples of possible structures of community titles schemes. s 10 amd 2003 No. 6 s 3 sch ; 2011 No. 9 s 3 sch (sec.10-ssec.1) A community titles scheme is— a single community management statement recorded by the registrar identifying land (the scheme land ); and the scheme land. (sec.10-ssec.2) Land may be identified as scheme land only if it consists of— 2 or more lots; and other land (the common property for the community titles scheme) that is not included in a lot mentioned in paragraph (a) . Common property for a community titles scheme is, effectively, freehold land forming part of the scheme land but not forming part of a lot included in the scheme. (sec.10-ssec.3) Land can not be common property for more than 1 community titles scheme. (sec.10-ssec.4) For each community titles scheme, there must be— at least 2 lots; and common property; and a single body corporate; and a single community management statement. (sec.10-ssec.5) A community titles scheme is a basic scheme if all the lots mentioned in subsection (2) (a) are lots under the Land Title Act . (sec.10-ssec.6) However, under this Act, a lot may be, for its inclusion in a community titles scheme other than a basic scheme, another community titles scheme. Schedule 1 contains examples of possible structures of community titles schemes.

• (a) a single community management statement recorded by the registrar identifying land (the scheme land ); and
• (b) the scheme land.
• (a) 2 or more lots; and
• (b) other land (the common property for the community titles scheme) that is not included in a lot mentioned in paragraph (a) .
• (a) at least 2 lots; and
• (b) common property; and
• (c) a single body corporate; and