Definitions for div 6 | Section 342

In this division—

body corporate contract, for a community titles scheme, means a contract or other arrangement entered into by the body corporate that is, or is in the nature of, 1 or a combination of 2 or all of the following—

(a)the engagement of a person as a body corporate manager for the scheme;

(b)the engagement of a person as a service contractor for the scheme;

(c)the authorisation of a person as a letting agent for the scheme.

exempted provisions, for a body corporate contract for a community titles scheme, means the provisions of this Act, and of the regulation module applying to the scheme, providing for 1 or more of the following—

(a)the transfer of the interest of a body corporate manager, service contractor or letting agent in a body corporate contract;

(b)termination of a body corporate contract by the body corporate;

(c)the required form of a body corporate contract;

(d)limitation on the term of a body corporate contract;

(e)a requirement about the consideration for a body corporate contract;

(f)a prohibition on the existence of consideration for entering into, extending the term of, replacing or renewing a body corporate contract;

(g)requirements about giving authority to a service contractor or letting agent for the use of common property.

notification day means 24 October 1994.

original owner, for a community titles scheme, includes a predecessor in title of the original owner, and, if the scheme is established for an existing or future 1980 Act plan, includes the original proprietor for the plan and a predecessor in title of the original proprietor.

term limitation provision means the provision mentioned in the definition exempted provisions, paragraph (d).