(1) An owners corporation to which this part applies may, on behalf of the members of the corporation, apply for development approval under the Planning Act 2023
to subdivide the parcel of land covered by the leases of the units and common property into 2 parcels in accordance with a subdivision plan.
(2) The Planning Act 2023
, chapter 12 applies to the owners corporation as if the corporation were the lessee of the parcel of land.
Note A development approval for the subdivision of a units plan must include a condition that the units plan is cancelled (see Planning Act 2023
, s 187 (1) (c)).