Western Australian Current Acts

STRATA TITLES ACT 1985 - SECT 117

117 .         Limitations on exercise of powers

        (1)         A strata company must not —

            (a)         acquire or dispose of land, or an interest in land, except as authorised under section 92 or 93; or

            (b)         mortgage common property; or

            (c)         act as a guarantor; or

            (d)         establish a corporation or subsidiary of a corporation; or

            (e)         engage in an activity that a strata company must not engage in under the regulations.

        (2)         A strata company must not, except as authorised by resolution without dissent, perform or exercise a function that the regulations allow to be exercised only as authorised by resolution without dissent.

        [Section 117 inserted: No. 30 of 2018 s. 83.]