Application of Part 10 to existing freehold strata schemes
8 Application of Part 10 to existing freehold strata schemes
Part 10 applies to a freehold strata scheme in existence immediately before the commencement of that Part only if the owners corporation has, by resolution, decided the Part applies to the scheme.
Despite subclause (1), a person may give a strata renewal proposal under Part 10 to the owners corporation before the resolution is passed.
The resolution may be passed before or at a general meeting convened to consider a strata renewal proposal.
If the resolution is passed at a general meeting convened to consider a strata renewal proposal, it must be passed before the proposal is considered.
The owners corporation must record details of the resolution on the strata roll.
A resolution referred to in this clause cannot be revoked.
This Act’s bill:Explanatory memorandumSecond reading speech
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