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NTAct
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s 44

Special privileges relating to common property

In force
Part VManagement corporations
Division 2Duties, functions and powers of corporation

44 Special privileges relating to common property

(1)

A corporation may, if authorised by a unanimous resolution or as otherwise prescribed, grant to a member, or any person who has derived an interest in a unit through a member, any special privilege (not being a lease) in respect of the enjoyment of part or parts of the common property.

(2)

A grant under subsection (1) may be terminated by notice in writing given by the corporation to the grantee in accordance with a special resolution.

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