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Strata Schemes Development Act 2015
153Application and purpose of Part
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153 Application and purpose of Part
153 Application and purpose of Part
(1) This Part applies to freehold strata schemes other than the following schemes—
(a) a scheme relating to a parcel that is the subject of a development contract,
(b) a scheme in which one or more of the lots in the scheme are, or form part of, a retirement village within the meaning of the Retirement Villages Act 1999.
(2) The purpose of this Part is to facilitate the collective sale or redevelopment of freehold strata schemes in accordance with the process set out in this Part.