Thursday, October 1, 2020

Body Corporate And Community Management Act 1997

Chapter 8
Part 10
Division 3
Section 403

Decision of body corporate committee | Section 403

(1)This section applies if a committee for a body corporate receives a request under section 402.

(2)Within 90 days after the submission period ends the committee must, after considering any submission made during the submission period, decide what modification, if any, is required to be made under subdivision 5 to the decided entitlements for the scheme.

(3)Within 7 days after making its decision, the committee must give the owner of each lot included in the scheme written notice of the committee’s decision.

(4)Within 30 days after the committee makes the decision, the body corporate must lodge a request to record a new community management statement for the scheme incorporating the decided entitlements, as modified, if applicable, under subdivision 5 (the changed entitlements).

Maximum penalty—100 penalty units.

Note—

Under section 46(10), a change to a lot entitlement takes effect on the recording of a new community management statement incorporating the change.

(5)However, subsection (4) does not apply if, before the end of the 30 day period—

(a)an owner of a lot included in the scheme makes an application under section 405; and

(b)the specialist adjudicator or QCAT makes an order under section 406.

© 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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