Functions if resumed land remains in strata scheme
127 Functions if resumed land remains in strata scheme
Subsection (2) applies if the whole of a lot, other than a lot in a strata plan of subdivision referred to in section 125, is resumed and the notice of resumption states that the resumed land is to remain in the strata scheme.
A recording in the Register that the Registrar-General is, under section 31A (3) of the Real Property Act 1900, authorised or required to make in relation to the resumption must be made in the folio for the resumed lot.
Subsection (4) applies if the whole of a lot in a strata plan of subdivision referred to in section 125 is resumed and the notice of resumption states that the resumed land is to be excluded from the strata scheme.
The Registrar-General must, after making a recording in the Register under section 31A (3) of the Real Property Act 1900, in relation to the resumption—
cancel the folio for the subdivided lot, and
create a folio for each new lot, and
amend the schedule of unit entitlement recorded in the folio for the common property in the strata scheme by recording in the folio the matters the Registrar-General considers appropriate.
This Act’s bill:Explanatory memorandumSecond reading speech
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.