Friday, October 2, 2020

Body Corporate And Community Management Act 1997

Chapter 8
Part 1
Division 5
Section 338

Community management statement recorded for 1980 Act plan when plan registered | Section 338

(1)Despite section 337(1) to (4), when a future 1980 Act plan is lodged for registration, a community management statement (a first statement) may be lodged for recording as the community management statement for the new scheme to be established on registration of the future 1980 Act plan.

(2)If, when the registrar registers a future 1980 Act plan, the registrar records a first statement, the first statement is taken to have effect immediately the new scheme is established, and the new scheme does not have an interim statement.

(3)However, despite anything in the first statement, the regulation module applying to the scheme is, until a subsequent community management statement is recorded for the scheme and identifies a different regulation module as the regulation module applying to the scheme, the regulation module that applies to a community titles scheme if no other regulation module applies to it.

© 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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