Northern Territory Numbered Acts

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UNIT TITLE SCHEMES ACT 2009 (NO 14 OF 2009) - SECT 176

Amendment of Schedule 1 (Articles)

(1)     Schedule 1, clause 2(4)(e)

omit

express permission contained in a unanimous resolution of the corporation

substitute

permission given by a majority resolution of the corporation

(2)     Schedule 1, clause 2(4)(f)

omit

written permission of the corporation (which permission may be withdrawn at any time by written notice given in pursuance of a special resolution of the corporation)

substitute

permission given by a majority resolution of the corporation

(3)     Schedule 1, after clause 2

insert

2A.     A permission mentioned in clause (2)(4)(f) may be withdrawn at any times by a majority resolution of the corporation and notice given to the member of the corporation concerned.

(4)     Schedule 1, clause 4

omit

approval in writing of the corporation

substitute

permission given by a majority resolution of the corporation



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