(1) Each of the
following is a significant variation to an agreed stage of
subdivision —
(a) a
stage of subdivision that will result in the relative unit entitlement of an
existing lot increasing to more than, or decreasing to less than, the relative
unit entitlement of that lot as provided for in the agreed stage of
subdivision, if the increase or decrease is 10% or more of the relative unit
entitlement of that lot as provided for in the agreed stage of subdivision;
(b) a
stage of subdivision that will result in the total number of lots in the
strata titles scheme increasing to more than, or decreasing to less than, the
total number of lots as provided for in the agreed stage of subdivision, if
the increase or decrease is 10% or more of the total number of lots as
provided for in the agreed stage of subdivision;
(c) a
stage of subdivision that will result in a change to a registered easement or
restrictive covenant over the whole or part of the parcel that was not
provided for in the agreed stage of subdivision, unless the change does not
have a material adverse impact on any existing lots within the scheme.
(2) A licensed valuer
may make a determination about whether a stage of subdivision is or is not a
significant variation to an agreed stage of subdivision under
subregulation (1)(a).
(3) The licensed
valuer who makes the determination must consider how any changes in
configuration of scheme buildings, lots or common property not provided for in
the agreed stage of subdivision affect the unit entitlement of any existing
lots in the scheme.
(4) A licensed
surveyor may make a determination about whether a stage of subdivision is or
is not a significant variation to an agreed stage of subdivision under
subregulation (1)(b) or (c).