Queensland Numbered Acts

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BODY CORPORATE AND COMMUNITY MANAGEMENT AND OTHER LEGISLATION AMENDMENT ACT 2011 No. 9 - SECT 32

32 Amendment of s 217 (Terminating contract for inaccuracy of statement)

(1) Section 217(b)(iii), '66(1)(d)'—

omit, insert—

'66(1)(da)'.

(2) Section 217(b)(iv)—

renumber as section 217(b)(viii).

(3) Section 217(b)—

insert—

'(iv) the community management statement most recently advised to the buyer is required under section 66(1)(db)(i) to state the contribution schedule principle on which the contribution schedule lot entitlements have been decided and does not include the statement;
(v) the community management statement most recently advised to the buyer is required under section 66(1)(db)(ii) to explain why the contribution schedule lot entitlements are not equal and does not contain the explanation;
(vi) the community management statement most recently advised to the buyer is required under section 66(1)(db)(iii) to include sufficient details about the relativity principle to show how individual contribution schedule lot entitlements were decided by using it (the details) and does not include the details;
(vii) the community management statement most recently advised to the buyer is required under section 66(1)(dc)(ii) to explain why the interest schedule lot entitlements do not reflect the respective market values of the lots included in the scheme and does not contain the explanation;'.


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