Queensland Consolidated Acts

BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 51C

51C Limited adjustment of lot entitlement schedule—after amalgamation of lots

(1) This section applies if 2 or more lots in a community titles scheme (the
"pre-amalgamation lots" ) are amalgamated into 1 lot (the
"post-amalgamation lot" ).

(2) The lot entitlement for the post-amalgamation lot is the total of the lot entitlements for the pre-amalgamation lots.

(3) The owner of the post-amalgamation lot must give the body corporate written notice of the lot entitlement for the post-amalgamation lot.

(4) If the body corporate is given written notice under subsection (3) , the body corporate must, as quickly as practicable, lodge a request to record a new community management statement incorporating the change.

Penalty—

Maximum penalty—100 penalty units.

(5) The new community management statement must be prepared and recorded at the expense of the owners of the pre-amalgamation lots.