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BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 46A
Principles for deciding contribution schedule lot entitlements
46A Principles for deciding contribution schedule lot entitlements
(1) The
"equality principle" for deciding contribution schedule lot entitlements for
the lots included in a community titles scheme is the principle that the lot
entitlements must be equal, except to the extent to which it is just and
equitable in the circumstances for them not to be equal. Examples of
circumstances in which it may be just and equitable for lot entitlements not
to be equal— • a layered arrangement of community titles schemes, the
lots of which have different uses (including, for example, car parking,
commercial, hotel and residential uses) and different requirements for public
access or maintenance
• a commercial community titles scheme in which the
owner of 1 lot uses a larger volume of water or conducts a more dangerous or
higher risk activity than the owners of the other lots
(2) The
"relativity principle" for deciding contribution schedule lot entitlements for
the lots included in a community titles scheme is the principle that the lot
entitlements must clearly demonstrate the relationship between the lots by
reference to 1 or more particular relevant factors.
(3) A relevant factor for
subsection (2) may, and may only, be any of the following— (a) how the
community titles scheme is structured;
(b) the nature, features and
characteristics of the lots;
(c) the purposes for which the lots are used;
(d) the impact the lots may have on the costs of maintaining the
common property;
(e) the market values of the lots.
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