Requirements relating to scheme
67 Requirements relating to scheme
(1) The regulations may prescribe requirements in relation to a scheme intended to be developed progressively.
(2) Without limiting subsection (1), the regulations may prescribe:
(a) the provision and maintenance of security by the developer or another person:
(i) as approved by the schemes supervisor under the regulations; or
(ii) as otherwise provided by the regulations; and
(b) the conditions under which a person may be taken to be the developer of the scheme under the regulations, including, for
example:
(i) the qualifications of the person; and
(ii) the approval of the transfer of the developer’s rights to the person.
Division 3 Layered scheme
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