Queensland Consolidated Acts
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BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 334
Future plan
(1) Immediately after the future plan is registered under the 1980 Act, a
community titles scheme (the
"new scheme" ) is established for the future plan.
(2) The new scheme is a
basic scheme.
(3) Each lot in the future plan becomes a lot included in the
new scheme.
(4) The scheme land for the new scheme is all the land
included in the parcel for the future plan.
(5) The body corporate formed
under the 1980 Act for the future plan is taken to be, without change to its
corporate identity, the body corporate for the new scheme.
(6) The original
proprietor for the future plan becomes the original owner for the new scheme.
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