Cullen Bay Marina Act 1992

There is established, on the issuing by the Registrar-General of the first freehold title to land in the development area, the Cullen

Bay Marina Management Corporation.

The Management Corporation:

is a body corporate with perpetual succession;

shall have a common seal; and

subject to this Act, is capable, in its corporate name, of acquiring, holding and disposing of real (including leasehold) and personal property and of suing and being sued.

All courts, judges and persons acting judicially shall take judicial notice of the common seal of the Management Corporation affixed to a document and shall assume that it was duly affixed.

The members of the Management Corporation are the owners from time to time of the lots in respect of which freehold titles have issued (including the lots in each successive completed part of the development area).

The Cullen Bay Marina Management Corporation is declared to be an excluded matter for the purposes of section 5F of the Corporations

Act 2001 in relation to the whole of the Corporations legislation to which Part 1.1A of that Act applies.