Thursday, December 3, 2020

Body Corporate And Community Management Act 1997

Chapter 2
Part 9
Division 2
Section 80

Effect of termination on accrued charge, levy, rate or tax | Section 80

(1)When the scheme is terminated—

(a)a liability for a charge, levy, rate or tax that had accrued on a lot included in the scheme before the scheme was terminated is not affected; and

(b)for recovery under the Local Government Act 2009, the Economic Development Act 2012, the Land Tax Act 2010 or the repealed Land Tax Act 1915, the charge, levy, rate or tax is taken to have been levied on the former owner’s interest in the land as tenant in common.

(2)In this section—

former owner means the person who, immediately before the scheme was terminated, was the owner of the lot.

© 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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