New South Wales Consolidated Acts

COMMUNITY LAND MANAGEMENT ACT 1989 - SECT 111

111 Company nominees

(1) A corporation that is the proprietor, mortgagee or covenant chargee of a development lot, neighbourhood lot, or strata lot, may--

(a) authorise a person who is not a corporation to exercise a function of the proprietor, mortgagee or covenant chargee of such a lot under this Act, or

(b) revoke such an authorisation.

(2) A function exercised by the authorised person is to be taken to have been exercised by the proprietor, mortgagee or covenant chargee.

(3) A document that is under the seal of a corporation and purports to be an authorisation or revocation under subsection (1) is evidence that it is such an authorisation or revocation.