Existing powers of body corporate managers | Section 353

(1)This section applies to a committee power or executive member power in force immediately before the commencement of this section.

(2)On the commencement—

(a)the executive member power is taken to be given under section 106 as in force on the commencement; and

(b)the committee power continues subject to the previous section 106 as if the previous section 106 were still in force.

(3)In this section—

committee power means a power of a committee for a body corporate given to a body corporate manager under the previous section 106.

executive member power means a power of an executive member of a committee for a body corporate given to a body corporate manager under the previous section 106.

previous section 106 means section 106 as in force immediately before the commencement.