Body Corporate and Community Management Act 1997
sec.111EMeaning and effect of lot owner agreement
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sec.111E Meaning and effect of lot owner agreement
A lot owner agreement for a specified two-lot scheme is an agreement between the owners of the lots included in the scheme about a matter— related to the carrying out of the functions given to the body corporate under this Act and the community management statement; and for which the body corporate is required or permitted to make a decision under this Act or the community management statement. A lot owner agreement for a specified two-lot scheme is a decision of the body corporate. s 111E ins 2011 No. 9 s 17 (sec.111E-ssec.1) A lot owner agreement for a specified two-lot scheme is an agreement between the owners of the lots included in the scheme about a matter— related to the carrying out of the functions given to the body corporate under this Act and the community management statement; and for which the body corporate is required or permitted to make a decision under this Act or the community management statement. (sec.111E-ssec.2) A lot owner agreement for a specified two-lot scheme is a decision of the body corporate.
- (a) related to the carrying out of the functions given to the body corporate under this Act and the community management statement; and
- (b) for which the body corporate is required or permitted to make a decision under this Act or the community management statement.