TASIn ForceAct
Strata Titles Act 1998
65Assignment of interest in land subject to scheme
Start here
Get a plain-English read of 65
Turn the raw legal text into a practical explanation grounded in Strata Titles Act 1998.
### 65 Assignment of interest in land subject to scheme
> If the owner of land subject to a registered community development scheme proposes to sell or dispose of land subject to the scheme –
>
> > > (a) the owner must give written notice of the proposed transaction to the council for the area in which the site is situated; and
> >
> > > (b) the person who is to acquire title to the land in consequence of the transaction must –
> > >
> > > > > (i) give to the council a written undertaking to develop the land in accordance with the registered scheme; and
> > > >
> > > > > (ii) give the council any security required by the council, within 28 days after notice of the transaction was given to the council, for the development of the land in accordance with the scheme.