Queensland Consolidated Acts

BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 78

78 Terminating community titles scheme by resolution without dissent

A community titles scheme may be terminated if—

(a) the body corporate for the scheme decides by resolution without dissent to terminate the scheme; and

(b) to the extent necessary for the effective termination of the scheme—an agreement about termination issues is entered into between—

(i) all registered proprietors of scheme land; and

(ii) each lessee under a registrable or short lease to which scheme land is subject.