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Body Corporate and Community Management Act 1997
sec.78Terminating community titles scheme by resolution without dissent
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sec.78 Terminating community titles scheme by resolution without dissent
A community titles scheme may be terminated if— the body corporate for the scheme decides by resolution without dissent to terminate the scheme; and to the extent necessary for the effective termination of the scheme—an agreement about termination issues is entered into between— all registered proprietors of scheme land; and each lessee under a registrable or short lease to which scheme land is subject. s 78 amd 1999 No. 19 s 3 sch ; 2003 No. 6 s 3 sch ; 2007 No. 41 s 146F ; 2012 No. 43 s 221 sch 1 sub 2023 No. 29 s 7
- (a) the body corporate for the scheme decides by resolution without dissent to terminate the scheme; and
- (b) to the extent necessary for the effective termination of the scheme—an agreement about termination issues is entered into between— (i) all registered proprietors of scheme land; and (ii) each lessee under a registrable or short lease to which scheme land is subject.
- (i) all registered proprietors of scheme land; and
- (ii) each lessee under a registrable or short lease to which scheme land is subject.
- (i) all registered proprietors of scheme land; and
- (ii) each lessee under a registrable or short lease to which scheme land is subject.