(1) For the purposes
of
the definition of "prescribed event" in section 156(1) of the Act, the
transfer of title to land where a swimming pool is situated is prescribed as
constituting a prescribed event.
(2) For the purposes
of subregulation (1)—
(a) if a
formal settlement forms part of the processes associated with a transfer of
title to land, the title will be taken to be transferred at the time of
settlement; and
(b) the
transfer of the interest of—
(i)
a unit holder of a unit under the
Strata Titles Act 1988 ; or
(ii)
an owner of a community lot under the Community Titles
Act 1996 ; or
(iii)
an occupant of a unit in a building unit scheme,
will be taken to be a transfer of title of land; and
(c) land
will be taken to include a unit under the Strata Titles Act 1988 , a
community lot under the Community Titles Act 1996 and a unit in a
building unit scheme.