Western Australian Current Regulations

STRATA TITLES (GENERAL) REGULATIONS 2019 - REG 129

129 .         Stages of termination proposal process for funding purposes

        (1)         For the purpose of the funding arrangements that are to be provided to owners of lots under the trust, the termination proposal process is divided into 2 stages —

            (a)         the full proposal stage; and

            (b)         the Tribunal confirmation stage.

        (2)         The full proposal stage starts when an owner of a lot is served with notice of the full termination proposal by the strata company under section 178(4)(a) and ends when one of the following occurs (whichever occurs first) —

            (a)         the termination resolution is passed (whether or not subject to confirmation by the Tribunal);

            (b)         no further votes can be taken on the termination proposal under section 182(3);

            (c)         the owner of the lot receives notice under section 186(2)(a)(i) that the termination proposal is withdrawn by the proponent.

        (3)         The Tribunal confirmation stage occurs only if a termination resolution is passed subject to the confirmation of the Tribunal.

        (4)         The Tribunal confirmation stage starts when the termination resolution is passed subject to the confirmation of the Tribunal and ends when the Tribunal makes an order confirming the termination resolution or makes a decision not to make such an order under section 183(8).