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s 26ZV

Further subdivision

In force
Part IVCBuilding development
Division 5Miscellaneous

26ZV Further subdivision

(1)

Subject to the Planning Act 1999, a building lot may be further subdivided under this Act into units and common property.

(2)

A further subdivision of a building lot under this Act can only be in a manner that is consistent with the disclosure statement and the

By-laws.

(3)

If a building lot is further subdivided under this Act into units, the Registrar-General must note on the certificate as to title of each unit into which it is subdivided that the building lot comprising all the units and common property in that further

subdivision has the relevant building lot entitlement for the purposes of this Act.

(4)

The Regulations may prescribe how the relevant entitlement of each unit into which a building lot is further subdivided is to be determined and an entitlement so determined may be expressed as a number that is not a whole number.

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