(1) A matter specified in a scheme statement may be changed only if a replacement scheme statement ( subsequent scheme statement ) reflecting the change is registered.
Note for subsection (1)
On the registration of the subsequent scheme statement, the scheme statement previously in force is cancelled under section 54B(2)(c) of the Land Title Act.
(2) Subsection (1) has effect except as prescribed by regulation, including, for example, a regulation:
(a) allowing another way to change the scheme statement; or
(b) prohibiting or restricting specified changes to a scheme statement.
Note for subsection (2)
The following are possible changes to a matter specified in the scheme statement:
• a change of the by-laws;
• a change to the unit entitlements;
• a change to the scheme land (including, for example, further subdivisions of the units, consolidation of some of the units or a change resulting from an acquisition by an acquisition authority of part of the scheme land).
(3) This section does not limit the effect of Part 2.4, which sets out the special rules for particular changes that may be made to a scheme.