Australian Capital Territory Numbered Regulations Australian Capital Territory Numbered Regulations(1) The following criteria are prescribed 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 territory planning 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.