(1) The scheme
developer of a subdivision of land by a strata titles scheme must ensure that
—
(a) all
the key documents for the subdivision that come into the possession or control
of the scheme developer are retained; and
(b) all
the key documents for the subdivision that the scheme developer possesses or
controls are given to the strata company —
(i)
at the first general meeting of the strata company
following the subdivision; or
(ii)
if the key document comes into the possession or control
of the scheme developer after that meeting — as soon as reasonably
practicable after it comes into the possession or control of the scheme
developer.
(2) The scheme
developer is bound by this section whether or not the scheme developer is the
owner of a lot in the strata titles scheme when the general meeting is held.
[Section 78 inserted: No. 30 of 2018 s. 83.]