Australian Capital Territory Current Acts

COMMUNITY TITLE ACT 2001 - SECT 5

    (1)     A community title scheme consists of—

        (a)     a master plan for developing the scheme land; and

        (b)     a management statement that complies with this part; and

        (c)     the constituent documents for the body corporate to be formed on the registration of the scheme; and

        (d)     the by-laws of the body corporate.

    (2)     A community title scheme must include—

        (a)     1 or more lots that are common property; and

        (b)     2 or more lots that are not common property.

    (3)     The land included in a community title scheme must form a single area that is not divided by anything other than—

        (a)     a road; or

        (b)     a body of water (other than a lake within the meaning of the Lakes Act 1976

); or

        (c)     an area prescribed by regulation.