167AGrant of further leases—generally

167A Grant of further leases—generally (1) This section applies if the owners corporation of a units plan intends to apply for the grant of a further lease of the units and common property in the units plan under— (a) the Planning Act 2023, section 289; or (b) for a units plan that subdivides land under a declared land sublease—section 167AA. (2) The owners corporation must— (a) hold a general meeting; and (b) include in the notice of the general meeting a statement that it intends to apply for the further leases; and (c) at the meeting, seek authority by ordinary resolution, to— (i) on behalf of each owner of a unit in the units plan, surrender the lease for each unit under the Land Titles Act 1925, section 86 (4); and Note 1 The memorandum of surrender lodged with the registrar-general must be accompanied by evidence of the resolution (see Land Titles Act 1925, s 86 (4) (b)). Note 2 The Unit Titles (Management) Act 2011, sch 3, s 3.19 sets out requirements for evidence of resolutions of owners corporations. (ii) do anything else necessary on behalf of an owner of a unit to ensure the grant of the further leases. Examples—par (c) (ii) 1 deal with a mortgagee in relation to the unit to obtain the mortgagee’s consent to the application for the further lease 2 sign on behalf of a unit owner any document required by the registrar-general to ensure the grant of a further lease