16Unit entitlements

### 16 Unit entitlements > > (1)  Each lot created by a plan has a unit entitlement. > > > (2)  A unit entitlement – > > > > > > (a) may be a general unit entitlement operating for all the purposes of this Act; or > > > > > > > (b) may be a special unit entitlement operating for any one or more of the following purposes: > > > > > > > > > > (i) for fixing the proportionate contribution to be made by the owner of the lot to the body corporate; > > > > > > > > > > > (ii) for fixing the owner's proportionate interest in the common property; > > > > > > > > > > > (iii) for fixing the number of votes to be exercisable by the owner of the lot at a general meeting of the body corporate; > > > > > > > > > > > (iv) for fixing the proportion of the body corporate's income to be apportioned to the owner of the lot. > > > (3)  If a lot has a special unit entitlement for a particular purpose, it must also have a general unit entitlement for other purposes and a reference in this Act to the unit entitlement of the lot is to be taken, so far as relevant to a purpose for which the special unit entitlement was established, as a reference to the special unit entitlement but otherwise is to be taken to be a reference to the general unit entitlement of the lot. > > > (4)  A unit entitlement must be a whole number. > > > (5)  The unit entitlement, or a particular class of unit entitlement, may be the same for each lot or may vary from lot to lot. > > > (6)  Unit entitlements must be fixed on a fair and equitable basis.