35Creating new common property

35 Creating new common property (1) The body corporate may acquire and incorporate into the common property any of the following: (a) an estate in fee simple in a lot outside the scheme land; (b) a unit of the scheme; (c) a lot that: (i) is created by the subdivision of a unit, or consolidation of units, of the scheme or a subsidiary scheme; and

Unit Title Schemes Act 2009 22 (ii) does not become all or part of a unit or units of a (2) Subsection (1) has effect subject to section 28(3) (about the requirements that must be met in relation to the acquisition).