Body Corporate and Community Management and Other Legislation Amendment Bill 2002 (Qld)

Queensland

BODY CORPORATE AND COMMUNITY MANAGEMENT AND OTHER LEGISLATION AMENDMENT BILL 2002

Queensland

BODY CORPORATE AND COMMUNITY MANAGEMENT AND OTHER LEGISLATION AMENDMENT BILL 2002

TABLE OF PROVISIONS Section Page PART 1—PRELIMINARY 1 Short title. 2... eee eens 16 2 Commencement. ......... 0... eee eee eee eee eens 16

PART 2—AMENDMENT OF BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997

3 Act amended in pt 2 and schedule. .... 2.2... eee eee 16 4 Amendment of s 15 (Meaning of "body corporate manager") ........... 16 5 Amendment of s 23 (Names of community titles schemes) ............. 17 6 Replacement of ss 24 and 25.0... 0... eee eee ee eee 17

24 Reservation of name ....... 0... eee eee eee 17 7 Insertion of news 30A 2... eee eee 17

30A Notice about change of scheme being developed progressively .. . . 17 8 Omission of ch 2, pt 3 (Scheme land). ........... 0.0.00. 2 cece 18 9 Replacement of s 42 (Body corporate cannot own lot included in its

own scheme) wd eee tee e eee e eens 18

Division 2—Body corporate acquisition of, and dealing with, lot included in its own scheme

42 Acquisition for letting agent purposes....................0005 18 42A Lease 2... eee 19 42B Prohibition on benefits... ........ 0.0.0.0 cece eee eee eee 19 42C Effect of ending of authorisation...................000000008 19 42D Body corporate interest in lot included in its own scheme ........ 20

10 Amendment of s 44 (Lot entitlements) .............0.0 00: e cece eee 20

Body Corporate and Community Management and Other Legislation Amendment Bill 2002 12 16 18 25

Amendment of s 46 (Court adjustment of lot entitlement schedule) ...... Insertion of news 46A 2... eee eee eee 46A Criteria for deciding just and equitable circumstances ........... Insertion of new S47A 2... eee eee

47A Limited adjustment of lot entitlement schedule—after formal acquisition of part of scheme land...................0000000.