Thursday, September 24, 2020

Body Corporate And Community Management Act 1997

Chapter 8
Part 10
Division 3
Section 402

Request to give effect to relevant decision—scheme other than specified two-lot scheme | Section 402

(1)This section applies to a community titles scheme—

(a)to which this subdivision applies; and

(b)that is not a specified two-lot scheme.

(2)An owner of a lot included in the scheme may submit a request to the committee (the committee) for the body corporate proposing an adjustment of the contribution schedule lot entitlements for the lots included in the scheme to reflect the decided entitlements for the scheme.

(3)Within 60 days after receiving the request, the committee must—

(a)identify the decided entitlements for the scheme; and

(b)give written, dated notice to each owner of a lot included in the scheme—

(i)stating that a request has been submitted to the committee proposing the adjustment of the contribution schedule lot entitlements for the scheme to reflect the decided entitlements, as modified, if applicable, under subdivision 5; and

(ii)accompanied by written evidence of the relevant decision; and

(iii)stating the committee’s proposed adjustment of the contribution schedule lot entitlements for the scheme; and

(iv)inviting the owner to make written submissions, within 28 days (the submission period) after the date of the notice, as to what modification, if any, is required to be made to the decided entitlements under subdivision 5.

© 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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