Recording community management statements
115K Recording community management statements
The registrar may record a community management statement if—
a request to record the statement is lodged; and
the statement is deposited with the request; and
the statement complies with—
section 115H; and
the requirements of the BCCM Act for a community management statement; and
for a new community management statement—the body corporate’s consent to the recording of the new statement is endorsed on the statement.
A community management statement is not an instrument under this Act.
However, a request to record a community management statement is an instrument, and is lodged, under this Act.
An interest created under a community management statement recorded under subsection (1) does not have effect as a registered interest.
This Act’s bill:Explanatory memorandum
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