Australian Capital Territory Numbered Regulations

PLANNING AND DEVELOPMENT REGULATION 2008 (NO 2 OF 2008) - REG 150

    (1)     The following are the criteria for a further lease of a unit or the common property in a units plan:

        (a)     the application for the further lease is made by the owners corporation for the units plan;

        (b)     the application is supported by an ordinary resolution of the owners corporation;

        (c)     a certificate under the Unit Titles Act 2001 , section 109
about the resolution is attached to the application;

        (d)     the planning and land authority is granting further leases for all the units and the common property in the units plan;

        (e)     the further leases are all granted for the same term.

    (2)     In this section:

"ordinary resolution"—see the Unit Titles Act 2001 , dictionary.

"owners corporation"—see the Unit Titles Act 2001 , dictionary.

"unit"—see the Unit Titles Act 2001 , section 9.

"units plan"—see the Unit Titles Act 2001 , dictionary.