Sunday, September 27, 2020

Body Corporate And Community Management Act 1997

Chapter 2
Part 6
Section 58

Community management statement for higher scheme prevails | Section 58

(1)If a community titles scheme (scheme A) is a subsidiary scheme, scheme A’s community management statement (other than the unaffected provisions) has effect subject to the community management statement for each community titles scheme for which scheme A is a subsidiary scheme.

(2)In subsection (1)—

unaffected provisions means—

(a)the lot entitlement schedules in scheme A’s community management statement; and

(b)the provisions of scheme A’s community management statement prescribed under a regulation applying to scheme A.

Example—

The community management statement for the principal scheme in a layered arrangement of community titles schemes prevails over the provisions (other than the lot entitlement schedules and the provisions prescribed under subsection (2)(b)) of the community management statement for each other community titles scheme forming part of the layered arrangement.

© 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.

didn't find what you are looking for?

Try searching for It

Hello!

Drop us a message!