Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) This Act (together with the Planning Act 1999 and Land Title Act 2000 ) forms the legislative framework for unit title schemes.
(2) A unit title scheme is formed:
(a) after a development permit or exceptional development permit for the subdivision of land is issued under the Planning Act 1999 ; and
(b) when a plan of subdivision for the land and the first scheme statement of the scheme are registered under the Land Title Act 2000 .
Notes for subsection (2)
1 The plan of subdivision subdivides the land into lots that constitute the units and common property of the scheme.
2 The registration of the plan of subdivision and scheme statement has the effect, amongst other things, of creating the registered interests in the units and in the common property.
3 For the interactions between this Act and the Unit Titles Act 1975, see sections 111 to 113.
(3) In general, this Act sets out the rules about the basic operation of a scheme and related administrative matters.
(4) Chapter 2 provides for the basic operation of a scheme, including:
(a) the formation and changes of a scheme; and
(b) the key elements and development of a scheme.
Note for subsection (4)
The termination of a scheme is governed by the Termination of Units Plans and Unit Title Schemes Act 2014.
(5) Chapter 3 provides for the administration of a scheme, including:
(a) the administration of the body corporate of a scheme (including, for example, the formation of the committee of management for the scheme); and
(b) other administrative matters (including, for example, the resolution of disputes, management modules, by-laws and engagement of service providers for a scheme).
(6) Chapter 4 provides for the administration of this Act (including, for example, establishing the office of schemes supervisor and making transitional arrangements for this Act).