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BODY CORPORATE AND COMMUNITY MANAGEMENT (SMALL SCHEMES MODULE) REGULATION 2020 - REG 103
Disposal of interest in and leasing or licensing of common property—Act, s 154 [SM, s 184]
103 Disposal of interest in and leasing or licensing of common property—Act,
s 154 [SM, s 184]
(1) This section sets out the way and the extent that the body corporate is
authorised— (a) to sell or otherwise dispose of common property; and
(b) to
grant or amend a lease or licence over common property.
(2) The body
corporate may— (a) if authorised by resolution without dissent— (i) sell
or otherwise dispose of part of the common property; or
(ii) grant or amend a
lease or licence for more than 3 years over the whole or part of the common
property; and
(b) if authorised by special resolution—grant or amend a
lease or licence for 3 years or less over the whole or part of the common
property.
(3) Despite subsection (2) , the body corporate may grant or amend
a lease or licence over the whole or part of the common property, without the
authority of a resolution without dissent or special resolution, if the
community management statement provides for the lease or licence.
(4) The
body corporate must not lease or license common property if the lease or
licence would interfere with access to a lot, or to a part of the common
property over which exclusive rights have been given under a by-law.
(5) An
instrument lodged for registration under the Land Title Act 1994 to give
effect to a transaction under this section must be accompanied by— (a) a
relevant certificate certifying the transaction has been authorised under this
section; and
(b) a certificate of the relevant planning body certifying the
transaction has been approved or noted under the relevant Planning Act; and
(c) if the transaction is associated with a reduction in the common
property—a request to record a new community management statement for the
community titles scheme in place of the existing statement for the scheme.
(6) The body corporate may not grant a lease or licence over utility
infrastructure that is common property.
(6A) If a lot is owned by 2 or more
people, a requirement under this section for a lot owner to sign a
relevant certificate is complied with if only 1 owner signs the
relevant certificate.
(7) In this section—
"relevant certificate" means a certificate signed by— (a) if the resolution
authorising the transaction under subsection (2) specifies a person who must
sign the certificate—the person; or
(b) otherwise— (i) the secretary and
treasurer of the committee; or
(ii) if 1 persons holds office as the
secretary and treasurer of the committee—the person and 1 other person who
is an owner of a lot included in the scheme or the representative of the
owner; or
(iii) if all the lots in the community titles scheme are in
identical ownership—an owner or the representative of the owner; or
(iv) if
the body corporate has engaged a body corporate manager under a chapter 3 ,
part 5 engagement— (A) the body corporate manager; and
(B) 1 other person
who is an owner of a lot included in the scheme or the representative of the
owner.
"relevant Planning Act" means— (a) if the relevant planning body for the
community titles scheme is the local government—the Planning Act ; or
(b)
if the relevant planning body for the community titles scheme is MEDQ—the
Economic Development Act 2012 .
"relevant planning body" , for the community titles scheme, means— (a) to
the extent the common property for the scheme the subject of the transaction
is located in a priority development area—MEDQ; and
(b) to the extent the
common property for the scheme the subject of the transaction is located in a
local government area but not in a priority development area—the local
government for the local government area.
"representative" , of an owner of a lot, means a person whose name is recorded
on the body corporate’s roll as the representative of the owner.
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