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Section 27 - Subdivision Act 1988 - How is an owners corporation created? — Zoe

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Subdivision Act 1988

27How is an owners corporation created?

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27 How is an owners corporation created? (1) A plan may provide for the creation of one or more owners corporations consisting of the owners of specified lots. (2) An owners corporation may be— (a) an unlimited owners corporation; or (b) a limited owners corporation. (3) The plan must specify whether an owners corporation is an unlimited owners corporation or a limited owners corporation. (4) The plan must specify the lots and common property to be affected by the owners corporation. S. 27A inserted by No. 69/2006 s. 211.

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