Body Corporate and Community Management Act 1997
sec.37Creating common property (no new scheme)
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sec.37 Creating common property (no new scheme)
If authorised by resolution without dissent, the body corporate for a community titles scheme may acquire, and incorporate with the common property for the scheme— land in fee simple contiguous to scheme land; or a lot included in the scheme. Subsection (1) applies only if— the titling and subdivisional arrangements needed for the acquisition are carried out under the Land Title Act ; and the scheme, as changed by the creation of the new common property, is consistent with the requirements of this Act for a community titles scheme. s 37 amd 2003 No. 6 s 3 sch (sec.37-ssec.1) If authorised by resolution without dissent, the body corporate for a community titles scheme may acquire, and incorporate with the common property for the scheme— land in fee simple contiguous to scheme land; or a lot included in the scheme. (sec.37-ssec.2) Subsection (1) applies only if— the titling and subdivisional arrangements needed for the acquisition are carried out under the Land Title Act ; and the scheme, as changed by the creation of the new common property, is consistent with the requirements of this Act for a community titles scheme.
- (a) land in fee simple contiguous to scheme land; or
- (b) a lot included in the scheme.
- (a) the titling and subdivisional arrangements needed for the acquisition are carried out under the Land Title Act ; and
- (b) the scheme, as changed by the creation of the new common property, is consistent with the requirements of this Act for a community titles scheme.