New South Wales Consolidated Acts

STRATA SCHEMES DEVELOPMENT ACT 2015 - SECT 126

126 Certain recordings to be made by Registrar-General

(1) If the Registrar-General registers a strata plan of subdivision that is not a plan referred to in section 125, or registers a strata plan of consolidation, the Registrar-General must--

(a) cancel the folio for any former lot subdivided or consolidated by the registration of the plan, and

(b) create a folio for each new lot created by the subdivision or consolidation, and

(c) amend the schedule of unit entitlement recorded in the folio for the common property in the strata scheme by recording in the folio the matters the Registrar-General considers appropriate.

(2) If the Registrar-General registers a notice of conversion of a lot into common property, the Registrar-General must--

(a) cancel the folio for the converted lot, and

(b) amend the schedule of unit entitlement recorded in the folio for the common property in the strata scheme by recording in the folio the matters the Registrar-General considers appropriate.