74Membership of body corporate

74 Membership of body corporate

(1)  In the case of a strata scheme for which a single body corporate is constituted, each owner of a lot is a member of the body corporate and entitled to vote personally or by proxy at general meetings of the members of the body corporate.

(2)  In the case of a strata scheme for which 2 or more bodies corporate are constituted, or a community scheme, the membership and the voting rights of the members of a body corporate are to be determined in accordance with the constituent documents for the body corporate registered under this Act.

(3)  If a mortgagee is in possession of a lot under the mortgage, the mortgagee becomes entitled to exercise any voting rights the owner may have, to the exclusion of the rights of the owner.