s 18
In forceEffect of conversion of lots in leasehold strata scheme
Part 2Creation of lots and common property in strata schemes
Division 3Notices of conversion
18 Effect of conversion of lots in leasehold strata scheme
On the registration of a notice of conversion for a leasehold strata scheme—
(a)
the lease of a lot converted into common property is determined, and
(b)
the lot vests in the owners corporation as lessee for the remainder of the term specified in the lease of the common property.
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.