In this part—
"executive committee" means the executive committee of the principal body
corporate constituted under division 2 .
"financial year" means a period in relation to which the principal body
corporate is required under section 33 (1) (f) to prepare a statement of
accounts.
"initial lot" means an initial lot within a residential zone.
"initial lot entitlement" , in relation to an initial lot, means the maximum
number (specified in the schedule that accompanied the proposed use plan) of
group title lots or building unit lots into which that lot may be subdivided.
"nominee" , of a member of the principal body corporate, see section 24 (1) .
"original owner" , of a secondary lot that has been subdivided by a building
unit or group titles plan, means the person who was the registered owner of
the lot immediately before it was subdivided by the plan.
"principal body corporate roll" means the roll referred to in section 34 to be
maintained by the principal body corporate.
"proprietor" means—
(a) for an initial lot or secondary lot—the person registered, or entitled to be registered, under the Land Title Act 1994 as the proprietor of the lot; or
(b) for a secondary lot subdivided under a group titles plan or building units plan—the body corporate incorporated under the Building Units and Group Titles Act 1994 .