Queensland Consolidated Acts

BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 43

43 Effect of ending of authorisation

(1) If the body corporate lessee’s authorisation as a letting agent or engagement as service contractor ends, whether by termination or otherwise—

(a) the lease ends immediately; and

(b) if the lessee common property is no longer to be used for a purpose mentioned in section 40 (2) (a) , the body corporate must convert the lessee common property to a lot in the scheme.

(2) In incorporating a lot with common property under section 41 (a) , or in converting lessee common property to a lot under subsection (1) (b) , the body corporate must ensure any necessary titling and subdivisional arrangements are carried out under the Land Title Act .