Div 6Amalgamation

Division 6—Amalgamation 16—Amalgamation of adjacent sites (1) Where the sites comprised in two or more deposited strata plans are adjacent to each other, the strata plans may be amalgamated to form a single strata plan. (2) An application for amalgamation— (a) must be under the common seals of the strata corporations affected by the proposed amalgamation; and (b) must be endorsed with a statement to the effect that the application is made in pursuance of unanimous resolutions duly passed at properly convened meetings of the strata corporations; and (c) must be endorsed with the consent of all persons (other than unit holders) with registered interests in the units; and (d) must be accompanied by— (i) a fresh strata plan prepared in accordance with this Act covering the proposed new site; and (ia) a certificate from a licensed valuer certifying that the schedule of unit entitlements annexed to the fresh strata plan is correct; and (iii) the articles proposed for the corporation to be created by the proposed amalgamation (unless the articles are to be in accordance with Schedule 3); and (iv) such other documentary material as the Registrar-General may require. (3) If the Registrar-General deposits the fresh strata plan in pursuance of an application under this section— (a) the existing deposited strata plans will be cancelled and the fresh plan deposited in substitution for them; (b) a new number will be assigned to the fresh plan; (c) appropriate amendments will be made to the certificates for the units, or new certificates issued; (d) a new certificate will be issued for the common property; (e) the existing strata corporations will be dissolved and a new strata corporation created; (f) the assets and liabilities of the strata corporations will vest in or attach to the strata corporation created on deposit of the fresh plan.