If a strata lease is
re-entered by order of the Tribunal or under the leasehold by-laws (for
non-payment of an amount for postponement of the expiry day) or a strata lease
is otherwise surrendered to the owner of the leasehold scheme —
(a) the
owner of the leasehold scheme must lodge with the Registrar of Titles notice
in the approved form of that fact, together with, for re-entry, evidence in
the approved form that the requirements of this Act have been met; and
(b) the
Registrar of Titles must register the notice; and
(c) on
registration of the notice —
(i)
the Registrar must register the owner of the leasehold
scheme as the owner of the lot; and
(ii)
the owner of the leasehold scheme is entitled to vacant
possession of the lot; and
(iii)
the strata lease is otherwise unaffected.
[Section 60 inserted: No. 30 of 2018 s. 83.]
[Former section 60 renumbered as section 67 and relocated to Part 5 Division
4: No. 30 of 2018 s. 84.]
[Heading inserted: No. 30 of 2018 s. 83.]