Friday, October 30, 2020

Body Corporate And Community Management Act 1997

Chapter 2
Part 8
Section 74

Reinstatement process under resolution without dissent | Section 74

(1)The body corporate for a community titles scheme the scheme land for which includes the whole or part of the building may, by resolution without dissent, approve a process for reinstating the building in whole or part.

(2)However, the resolution approving the process—

(a)has effect only to the extent that it applies to a part (the affected area) of the building that is scheme land; and

(b)is of no effect unless each person who is an insurer of the affected area or part of the affected area also approves the process.

(3)The process as approved may include anything the court may order in approving a process under this part.

© 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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