160Cancellation authority—grant by territory planning

160 Cancellation authority—grant by territory planning for authority (a cancellation authority) for the cancellation of the units plan. (2) On application for a cancellation authority, the territory planning authority may— (a) grant the cancellation authority; or (b) refuse to grant the cancellation authority. (3) The territory planning authority may grant a cancellation authority only if satisfied that— (a) the application is supported by a unanimous resolution of the corporation made within 3 months before the application is made; and (b) the corporation has obtained the written agreement of each subsection (4) applies). (4) The territory planning authority may grant a cancellation authority despite the owners corporation’s failure to obtain an interested nonvoter’s agreement if the territory planning authority is satisfied on (a) the corporation has made reasonable efforts to obtain the

Cancellation authority Division 11.1 long-term detriment because of the proposed cancellation; or cancellation having regard to the overall interests of everyone with interests in the units and the common (5) If the owners corporation applies for a cancellation authority that is to remain in force for longer than 3 months, the territory planning authority may, in authorising cancellation, if satisfied that an extended period is justified— (6) A cancellation authority must include a declaration of the provisions that are to govern the new lease arising under section 162 if the territory planning authority considers on reasonable grounds that it is desirable to do so to take account of any variation of a lease of any unit, or of the common property, made (or applied for) since the units plan was registered.