Western Australian Current Regulations Western Australian Current Regulations (1) The proponent of a
termination proposal must establish a trust in accordance with this Division
that provides funding to owners of lots for services obtained by them in
connection with the termination proposal process.
(2) The trust must be
established before the start of the full proposal stage.
(3) The terms of the
trust must be consistent with this Part.
(4) If a provision of
a trust deed establishing the trust is inconsistent with this Part, this Part
prevails.
(5) This Division does
not apply to a unanimous owner‑initiated termination proposal.
Note for this regulation:
This Division sets out
the general requirements for termination proposals under section 190. The
section 190 requirements for unanimous owner‑initiated termination
proposals are set out in Division 9.