Body Corporate and Community Management Act 1997
sec.154Disposal of interest in and leasing or licensing of common property
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sec.154 Disposal of interest in and leasing or licensing of common property
The body corporate for a community titles scheme may sell or otherwise dispose of common property in the way, and to the extent, authorised under the regulation module applying to the scheme. The body corporate may grant or amend a lease or licence over common property in the way, and to the extent, authorised under the regulation module applying to the scheme. (sec.154-ssec.1) The body corporate for a community titles scheme may sell or otherwise dispose of common property in the way, and to the extent, authorised under the regulation module applying to the scheme. (sec.154-ssec.2) The body corporate may grant or amend a lease or licence over common property in the way, and to the extent, authorised under the regulation module applying to the scheme.