Owners corporation for 2-lot subdivision (tier five owners corporations)

Current

(1)

An owners corporation for a 2-lot subdivision is exempt from compliance with—

(a)

sections 18, 31, 32, 59, 60, 61, 61A, 62, 65, 89A, 89B, 95, 96 and 97; and

(b)

Divisions 2, 3 and 4 of Part 3; and

(c)

Divisions 1, 2, 3, 4 and 5 of Part 4; and

(d)

Divisions 1 and 2 of Part 9; and

(e)

Division 1 of Part 10.

(2)

In any provision of this Act or any other Act as it applies in relation to an owners corporation for a 2-lot subdivision, a reference to—

(a)

a unanimous resolution means a resolution passed by the total votes for those lots; and

(b)

a special resolution means a unanimous resolution.

S. 8 substituted by No. 4/2021 s. 5.

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