(1) For the purposes
of section 190(1)(b), an owner of a lot is a vulnerable person if the
owner falls within one or more of the following 3 classes of vulnerable person
—
(a)
persons who have a diminished capacity to understand the termination proposal
process;
(b)
persons who have a diminished capacity to cope with the termination proposal
process;
(c)
persons who have a diminished capacity to respond to the termination proposal
process.
(2) Only a natural
person can be a vulnerable person.
Note for this regulation:
An owner of a lot that
is a body corporate can still obtain funding for advisory services and
representative services under the funding arrangements that apply to lot
owners who are not vulnerable persons under Division 6.