Community title schemes
5 Community title schemes
A community title scheme consists of—
a master plan for developing the scheme land; and
a management statement that complies with this part; and
the constituent documents for the body corporate to be formed on the registration of the scheme; and
the by-laws of the body corporate.
A community title scheme must include—
1 or more lots that are common property; and
2 or more lots that are not common property.
The land included in a community title scheme must form a single area that is not divided by anything other than—
a road; or
a body of water (other than a lake within the meaning of the Lakes Act 1976); or
an area prescribed by regulation.
This provision refers to the regulations (prescribed by regulation
). Made under this Act:
- Community Title Regulation 2002 · under s 98
This Act’s bill:Explanatory statementSecond reading speech
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