sec.20-oc.2Body corporate to hold leasehold estate in common property as agent for lessees

### sec.20-oc.2 Body corporate to hold leasehold estate in common property as agent for lessees The leasehold estate of a body corporate in common property shall be held by the body corporate as agent— where the same person or persons is or are the lessee or lessees of the lots in the leasehold building units plan concerned—for that lessee or those lessees; or where different persons are lessees of each of 2 or more of the lots in the leasehold building units plan concerned—for those lessees as tenants in common in shares proportional to the lot entitlements of their respective lots. (new) - (a) where the same person or persons is or are the lessee or lessees of the lots in the leasehold building units plan concerned—for that lessee or those lessees; or - (b) where different persons are lessees of each of 2 or more of the lots in the leasehold building units plan concerned—for those lessees as tenants in common in shares proportional to the lot entitlements of their respective lots.