Tuesday, September 29, 2020

Body Corporate And Community Management Act 1997

Chapter 8
Part 1
Division 3
Section 332

Administrative matters | Section 332

(1)Each action validly taken under the 1980 Act, part 4 for the existing plan before the commencement continues to have effect for the management of the new scheme as if the action was taken under this Act, and as if this Act had been in force when the action was taken.

Examples—

1The imposition of a levy before the commencement continues to have effect for the new scheme as an action taken under this Act.

2An authority given by the committee for the body corporate for the existing plan before the commencement continues to have effect for the new scheme as an authority given under this Act.

(2)Subsection (1) has effect subject to a provision of this part specifying differently.

(3)Until the annual general meeting of the body corporate for the new scheme first happening after the commencement, a body corporate manager may continue to use the body corporate’s seal in the way the body corporate manager could use it under the former Act immediately before the commencement.

(4)Subsection (3) applies subject to a decision of the body corporate about the use of the seal, made under the regulation module applying to the scheme.

© Sourced from the Queensland Legislation website at 1 April 2020. For the latest information on Queensland Government legislation please go to https://www.legislation.qld.gov.au.

Disclaimer: Reproduced from the Body Corporate and Community Management Act 1997. This website does not give legal advice or other professional advice. You should seek legal or other professional advice before acting and not rely on any of the content on this website.

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