21—Application to amend schedule of lot entitlements
(1) A
community corporation may apply to the Registrar-General to amend the
schedule of lot entitlements.
(2) The application
must be in a form approved by the Registrar-General and must be accompanied
by—
(a) the
fee prescribed by regulation; and
(b) a
new schedule of lot entitlements in a form approved by the Registrar-General
certified correct by a land valuer (the Registrar-General may refuse to accept
the schedule if it was certified to be correct more than six months before the
application was lodged).
(3) The corporation
must provide evidence to the satisfaction of the Registrar-General that the
application is made in pursuance of a unanimous resolution of the
community corporation.
(4) The corporation
must provide evidence to the satisfaction of the Registrar-General that the
following persons have given their consent to the proposed amendment:
(a) a
person who is the owner of a community lot at the relevant time but who did
not have the opportunity of voting against the resolution of the corporation
authorising the proposed amendment because he or she was not a member of the
corporation when the vote was taken; and
(b) a
prospective owner at the relevant time of a community lot; and
(c) a
registered encumbrancee or prospective encumbrancee at the relevant time of a
community lot; and
(d) the
persons referred to in subsection (5).
(5) The consents of
the following persons are also required:
(a)
where the corporation is a primary corporation and a primary lot is divided by
a secondary plan—
(i)
a person who is the owner of a secondary lot at the
relevant time but who did not have the opportunity of voting against the
proposed amendment because he or she was not a member of the secondary
corporation when the vote was taken; and
(ii)
a prospective owner at the relevant time of a
secondary lot; and
(iii)
a registered encumbrancee or prospective encumbrancee at
the relevant time of a secondary lot; and
(b)
where the corporation is a primary corporation and a primary lot is divided by
a secondary plan and a secondary lot created by that plan is divided by a
tertiary plan or where the corporation is a secondary corporation and a
secondary lot is divided by a tertiary plan—
(i)
a person who is the owner of a tertiary lot at the
relevant time but who did not have the opportunity of voting against the
proposed amendment because he or she was not a member of the tertiary
corporation when the vote was taken; and
(ii)
a prospective owner at the relevant time of a
tertiary lot; and
(iii)
a registered encumbrancee or prospective encumbrancee at
the relevant time of a tertiary lot.
(6) The consent of a
registered encumbrancee is not required under this section in relation to an
easement registered in his or her name.
(7) The consent of the
owner or encumbrancee of a lot is not required under this section if, before
the relevant time, an instrument had been presented for registration at the
Lands Titles Registration Office on the registration of which that person
would cease to be the owner or an encumbrancee of the lot.
(8) The consent of an
encumbrancee of a lot is not required under this section if the proportion
that the new lot entitlement of the lot bears to the aggregate of the new
lot entitlements of all the lots is within a range of plus or minus ten per
cent of the proportion that the value of the lot bears to the aggregate values
of all of the lots based on the valuations used when preparing the previous
schedule of lot entitlements.
(9) If the
requirements of this section are satisfied, the Registrar-General must
substitute the new schedule of lot entitlements for the previous schedule.
(10) In this
section—
"prospective encumbrancee" in relation to a lot means a person who will hold a
registered encumbrance (not being an easement) over the lot on registration of
an instrument that has been presented for registration at the Lands Titles
Registration Office but has not been registered;
"prospective owner" in relation to a lot means a person who will be the owner
of the lot on registration of a transfer that has been presented for
registration at the Lands Titles Registration Office but has not been
registered;
"relevant time" means the time at which the application for amendment of the
schedule of lot entitlements is lodged with the Registrar-General by the
community corporation.