Queensland Consolidated Acts

INTEGRATED RESORT DEVELOPMENT ACT 1987 - SECT 175N

175N Requirement for transfer

The letting agent must transfer the letting agent’s management rights for the approved scheme or part if—

(a) a ground under section 175M exists for the body corporate to require the transfer; and

(b) the body corporate—

(i) by majority resolution decided by secret ballot requires the transfer; and

(ii) gives written notice of the requirement (the
"transfer notice" ) to the letting agent.