Limitation on submitting strata renewal proposal

In force

(1)

If a strata renewal proposal or a strata renewal plan for a strata renewal proposal lapses under this Part, a person cannot give the proposal, or another strata renewal proposal that is substantially similar to that proposal, to an owners corporation within 12 months after the day the proposal or plan lapses.

(2)

An owners corporation is not required to deal with a strata renewal proposal under this Part if it is given in contravention of this section.

This Act’s bill:Explanatory memorandum Second reading speech

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190 Limitation on submitting strata renewal proposal