New South Wales Consolidated Acts

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STRATA SCHEMES DEVELOPMENT ACT 2015 - SECT 11

Requirements for leasehold strata scheme

11 Requirements for leasehold strata scheme

(1) If a proposed strata plan is intended to create a leasehold strata scheme, the Registrar-General must not register the plan unless--
(a) separate leases for, or that correspond to, each lot and the common property shown on the plan are registered, or have been lodged for registration, under the Real Property Act 1900 , and
(b) the separate leases are all expressed to expire at the same time and, if the leases confer rights of renewal, the renewal terms are the same, and
(c) if the separate leases have been lodged for registration under the Real Property Act 1900 --the terms of the leases are all expressed to commence on registration of the plan.
(2) A plan that, under this Act, is lodged for registration as a strata plan for a leasehold strata scheme and is required to be accompanied by a lease or leases to be registered under the Real Property Act 1900 is taken to have been registered only when the lease or leases are registered under that Act.



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