Friday, October 2, 2020

Body Corporate And Community Management Act 1997

Chapter 8
Part 10
Division 2
Section 399

Incomplete adjustment matter ceases to have effect | Section 399

(1)On the commencement, an incomplete adjustment matter ceases to have effect.

(2)Without limiting subsection (1)—

(a)an incomplete adjustment matter is taken never to have been made; and

(b)no further action may be taken in relation to an incomplete adjustment matter.

Example for subsection (2)—

Before the commencement, a body corporate for a scheme has made a decision under section 387(2) to adjust the contribution schedule lot entitlements for the scheme to reflect the pre-adjustment order entitlements. However, immediately before the commencement, the body corporate had not lodged a request to record a new community management statement incorporating the change. On the commencement, the body corporate’s decision ceases to have effect and the body corporate can not lodge a request to record a new community management statement incorporating the change.

© 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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