sec.342Definitions for div 6

sec.342 Definitions for div 6

In this division— body corporate contract , for a community titles scheme, means a contract or other arrangement entered into by the body corporate that is, or is in the nature of, 1 or a combination of 2 or all of the following— the engagement of a person as a body corporate manager for the scheme; the engagement of a person as a service contractor for the scheme; the authorisation of a person as a letting agent for the scheme. exempted provisions , for a body corporate contract for a community titles scheme, means the provisions of this Act, and of the regulation module applying to the scheme, providing for 1 or more of the following— the transfer of the interest of a body corporate manager, service contractor or letting agent in a body corporate contract; termination of a body corporate contract by the body corporate; the required form of a body corporate contract; limitation on the term of a body corporate contract; a requirement about the consideration for a body corporate contract; a prohibition on the existence of consideration for entering into, extending the term of, replacing or renewing a body corporate contract; requirements about giving authority to a service contractor or letting agent for the use of common property. s 342 def exempted provisions amd 1997 No. 78 s 27 (retro) notification day means 24 October 1994. original owner , for a community titles scheme, includes a predecessor in title of the original owner, and, if the scheme is established for an existing or future 1980 Act plan, includes the original proprietor for the plan and a predecessor in title of the original proprietor. term limitation provision means the provision mentioned in the definition exempted provisions , paragraph (d). s 342 def term limitation provision amd 2007 No. 11 s 3 sch

• (a) the engagement of a person as a body corporate manager for the scheme;
• (b) the engagement of a person as a service contractor for the scheme;
• (c) the authorisation of a person as a letting agent for the scheme.
• (a) the transfer of the interest of a body corporate manager, service contractor or letting agent in a body corporate contract;
• (b) termination of a body corporate contract by the body corporate;
• (c) the required form of a body corporate contract;
• (d) limitation on the term of a body corporate contract;
• (e) a requirement about the consideration for a body corporate contract;
• (f) a prohibition on the existence of consideration for entering into, extending the term of, replacing or renewing a body corporate contract;
• (g) requirements about giving authority to a service contractor or letting agent for the use of common property.