8
In forceUnit entitlement
Part 2Key concepts
Division 2.1Unit title developments
8 Unit entitlement
(1)
The schedule of unit entitlement forming part of a units plan is a schedule indicating (by numbers assigned to each unit) the improved value of each unit relative to each other unit (the unit’s unit entitlement).
(2)
For this Act, the total unit entitlement under a schedule of unit entitlement must be 10, 100, 1 000, 10 000 or 100 000.
This Act’s bill:Explanatory statementSecond reading speech
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