Under the agreement included by section 15 in a development contract lodged with a community plan, the original proprietor of the land the subject of the community scheme covenants--
(a) with the subsidiary bodies jointly and with each of them severally, and
(b) with the subsequent proprietors jointly and with each of them severally,that the land will be developed in accordance with the development contract and the development consent.
The--
(a) subsidiary bodies, and
(b) subsequent proprietors,under a community scheme covenant jointly, and each of them covenants severally, with the original proprietor of the land the subject of the community scheme that the original proprietor will be permitted to develop the land in accordance with the development contract and the development consent.
Part 1 applies in relation to a precinct scheme in the same way as it applies in relation to a community scheme and so applies as if the word "community" wherever occurring in that Part were the word "precinct".
Under the agreement included by section 15 in the development contract lodged with a neighbourhood plan, the original proprietor of the land the subject of the neighbourhood scheme covenants--
(a) with the neighbourhood association, and
(b) with the subsequent proprietors jointly and with each of them severally,that the land will be developed in accordance with the development contract and the development consent.
The--
(a) neighbourhood association, and
(b) subsequent proprietors,under a neighbourhood scheme covenant jointly, and each of them covenants severally, with the original proprietor of the land the subject of the neighbourhood scheme that the original proprietor will be permitted to develop the land in accordance with the development contract and the development consent.
In this Schedule--
"subsequent proprietor" , in relation to a scheme, means a person (other than
the original proprietor) who is for the time being the proprietor of a
development lot, neighbourhood lot or strata lot within the scheme.