Australian Capital Territory Numbered Regulations

PLANNING AND DEVELOPMENT REGULATION 2008 (NO 2 OF 2008) - REG 151

    (1)     The following are the criteria for a further lease of a lot in a community title scheme:

        (a)     the application is made by the body corporate for the scheme;

        (b)     the application is supported by an ordinary resolution of the body corporate;

        (c)     attached to the application is a certificate under the seal of the body corporate stating that at a general meeting of the body corporate held on a stated day a resolution was passed for paragraph (b) in the terms set out in the certificate;

        (d)     the planning and land authority is granting further leases for all the lots in the scheme;

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

    (2)     In this section:

"body corporate"—see the Community Title Act 2001 , dictionary.

"community title scheme"—see the Community Title Act 2001 , dictionary.

"lot"—see the Community Title Act 2001 , dictionary.

"ordinary resolution"—see the Community Title Act 2001 , dictionary.

Part 5.4     Lease variations