32FInformation relating to any owners corporation to be disclosed in section 32 statement

32F Information relating to any owners corporation to be disclosed in section 32 statement

(1) If the land is affected by an owners corporation within the meaning of the Owners Corporations Act 2006, a vendor must—

(a) unless paragraph (b) applies—

(i) either—

(A) specify in the section 32 statement the information prescribed for
the purposes of section 151(4)(a) of the Owners Corporations Act 2006 relating to the owners corporation; or

(B) attach to the section 32 statement a copy of the current owners corporation certificate issued in respect of the land under section 151 of the Owners Corporations Act 2006; and

(ii) attach to the section 32 statement a copy of the documents specified in section 151(4)(b)(i) and (iii) of the Owners Corporations Act 2006 that are required to accompany an owners corporation certificate under that Act; or

(b) if the owners corporation is inactive, specify in the section 32 statement that the owners corporation is inactive.

(2) In this section a reference to an owners corporation that is inactive includes an owners corporation that has not, in the previous 15 months—

(a) had an annual general meeting; and

(b) fixed any fees; and

(c) held any insurance.

S. 32G inserted by No. 33/2014 s. 4.