Body Corporate and Community Management (Commercial Module) Regulation 2020 (Qld)

Body Corporate and Community Management (Commercial Module) Regulation 2020

Chapter 1 Preliminary

1 Short title This regulation may be cited as the Body Corporate and Community Management (Commercial Module) Regulation 2020.

2 Commencement This regulation commences 1 March 2021.

3 Application of this regulation— Act , s 21 [SM, s 3] (1) This regulation is a regulation module for the Act. (2) This regulation applies to a community titles scheme if— (a) the lots included in the scheme are predominantly commercial lots; or (b) both of the following apply for the scheme— (i) the lots included in the scheme are not predominantly commercial lots; Example for subparagraph (i)— Although the lots were offered for sale as commercial lots, the buyers chose not to use them as commercial lots. (ii) when the first community management statement identifying this regulation as the regulation module applying to the scheme was recorded, the lots included in the scheme were intended to be predominantly commercial lots; or (c) all of the following apply for the scheme— (i) the lots included in the scheme have previously been, but are no longer, predominantly commercial lots; (ii) when the lots included in the scheme last stopped being predominantly commercial lots, the community management statement for the scheme identified this regulation as the regulation module applying to the scheme; (iii) since the lots included in the scheme last stopped being predominantly commercial lots, each community management statement, if any, recorded for the scheme has identified this regulation as the regulation module applying to the scheme. (3) In this section— accommodation lot means a lot that is— (a) the subject of a lease or letting for accommodation for long or short term residential purposes, or immediately available to be the subject of a lease or letting for accommodation for long or short term residential purposes; or (b) part of a hotel. commercial lot means a lot that— (a) is used for commercial (including retail) or industrial purposes; and (b) is not an accommodation lot or residential lot. hotel means an establishment organised and operated principally for providing accommodation in guest rooms or suites and offering food and drink, whether or not the establishment includes any of the following— (a) restaurants; (b) function rooms; (c) a nightclub or cabaret; (d) shops for tourists; (e) recreation facilities. residential lot means a lot used for residential purposes, whether or not the lot is also an accommodation lot.