Queensland Consolidated Acts

BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 111E

111E Meaning and effect of lot owner agreement

(1) A
"lot owner agreement" for a specified two-lot scheme is an agreement between the owners of the lots included in the scheme about a matter—

(a) related to the carrying out of the functions given to the body corporate under this Act and the community management statement; and

(b) for which the body corporate is required or permitted to make a decision under this Act or the community management statement.

(2) A lot owner agreement for a specified two-lot scheme is a decision of the body corporate.