New South Wales Consolidated Acts

STRATA SCHEMES DEVELOPMENT ACT 2015 - SECT 124

124 Recordings about restrictive use conditions

(1) If a strata certificate issued by a local council is subject to a restrictive use condition, or a strata certificate issued by a registered certifier has a notation of a restrictive use condition, the Registrar-General must, on creating a folio for the lot, record the condition in the folio.

(2) A condition recorded under subsection (1) is an interest for the purposes of section 42 of the Real Property Act 1900 .

(3) On lodgment of an instrument referred to in section 64, the Registrar-General must record the instrument in the Register.

(4) When the Registrar-General makes the record, the utility lot to which the instrument relates is released from the restriction referred to in the instrument.