Friday, October 30, 2020

Body Corporate And Community Management Act 1997

Chapter 8
Part 3
Section 350

Community management statements for particular schemes | Section 350

(1)This section applies to a basic scheme mentioned in section 349.

(2)Within 3 months after passing a resolution under section 349, the body corporate must lodge a request to record a new community management statement.

(3)The difference between the new community management statement and the existing community management statement must be limited to changes to reflect the changed contribution schedule lot entitlements.

(4)Despite section 60(1), the new community management statement may be recorded for the scheme without the endorsement on it of a community management statement notation.

(5)The fees payable under the Land Title Act for recording a community management statement do not apply to the new community management statement.

© 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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