(1) Two or more community title schemes may be amalgamated under this part.
(2) When the schemes are amalgamated—
(a) the schemes end their existence as separate community title schemes; and
(b) the lots of each scheme become the lots of a single, newly established, community title scheme.
(3) Community title schemes must not be amalgamated if the newly established community title scheme would not comply with the requirements of this Act for a community title scheme.