SCHEDULE 2 - Transitional prov SCHEDULE 2 - Transitional provisions

Section 160

1.   Plans registered under repealed legislation

(1) A plan registered under the repealed legislation is taken to be a plan registered under this Act.

(2) An amendment to a registered plan registered under the repealed legislation, or a notification of change of by-laws under the repealed legislation, is taken to be an amendment to the plan registered under this Act.

2.   Proceedings for registration of plans

Proceedings for registration of a plan, or an amendment to a plan, that had been commenced before the commencement of this Act may be continued and completed –

(a) under the repealed legislation; or

(b) under this Act; or

(c) if the Recorder so determines, to an extent determined by the Recorder under the repealed legislation and to an extent determined by the Recorder under this Act.

3.   Strata companies

A strata company created on registration of a stratum plan under the repealed legislation continues in existence as a body corporate under this Act without change to its corporate identity.

4.   Reservation of names

A name reserved under the repealed legislation is taken to be a name reserved under the corresponding provision of this Act.

5.   Conversion of existing strata schemes into staged development schemes

(1) A body corporate for a strata scheme created on registration of a stratum plan under the repealed legislation (or a developer authorised by the body corporate to make the application) may, within 3 years after the commencement of this Act, apply for the conversion of the strata scheme into a staged development scheme or the incorporation of the strata scheme into a staged development scheme as a part of that scheme.