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Subdivision Act 1988
27CLimited owners corporations
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27C Limited owners corporations
S. 27C(1) repealed by No. 42/2017 s. 59(2).
S. 27C(2) substituted by No. 42/2017 s. 59(3).
(2) The purposes of a limited owners corporation must be provided to the Registrar in a manner acceptable to the Registrar.
(3) Only the members of a limited owners corporation affecting a lot are entitled to use any common property affected by that limited owners corporation.
(4) The plan may be accompanied by a document specifying the functions or obligations of the limited owners corporation under the **Owners Corporations Act 2006** that are to be carried out or complied with by the unlimited owners corporation affecting the land affected by the limited owners corporation.
(5) If a document accompanying a plan specifies functions or obligations as provided for in subsection (4), then, despite anything to the contrary in the **Owners Corporations Act 2006**, on the registration of the plan—
(a) the unlimited owners corporation must carry out those functions or comply with those obligations instead of the limited owners corporation; and
(b) the limited owners corporation is not required to carry out those functions or comply with those obligations.
**Example**
A document accompanying a plan may specify that the unlimited owners corporation is to issue owners corporation certificates instead of the limited owners corporation.
S. 27D inserted by No. 69/2006 s. 211.