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BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 379
Motion proposing adjustment of contribution schedule
379 Motion proposing adjustment of contribution schedule
(1) Subsection (2) applies if— (a) an adjustment order increased the
proportion of the total contribution schedule lot entitlements for all the
lots included in an existing scheme that are attributable to a lot included in
the scheme; and
(b) before the commencement, a new
community management statement reflecting the increase has been recorded.
(2)
The owner of the lot may submit a motion proposing the adjustment of the
contribution schedule for the existing scheme to reflect the pre-adjustment
order entitlements for the scheme, subject to sections 381 to 384, to— (a)
if there is a committee for the body corporate—the committee; or
(b)
otherwise—the body corporate.
(3) Subsection (2) does not apply to a person
who— (a) became an owner of the lot after the adjustment order was made; or
(b) becomes an owner of the lot after the commencement.
(4) Subsection (2)
ceases to apply 3 years after the commencement. Note— Under section 398,
this section no longer applies.
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