Statement or amendment ceases to have effect in certain circumstances
27 Statement or amendment ceases to have effect in certain circumstances
A community development statement ceases to have effect if, at the end of 4 years after approval of a community development statement for a community scheme —
the tier 1 scheme has not been registered; and
there is no application for registration of the tier 1 scheme lodged with the Registrar of Titles that has not been finally determined.
An amendment of the community development statement ceases to have effect if, at the end of 4 years after approval of an amendment of the community development statement proposed to be registered with a community titles scheme or an amendment of a community titles scheme to give effect to a subdivision of land —
the community titles scheme or amendment of the community titles scheme has not been registered; and
there is no application for registration of the community titles scheme or amendment of the community titles scheme lodged with the Registrar of Titles that has not been finally determined.
The Planning Commission can, on its own initiative, declare that a community development statement for a community scheme ceases to have effect if the development period for the community scheme has expired.
If the Planning Commission declares that a community development statement ceases to have effect it must give notice of the declaration in the approved form to the Registrar of Titles.
The declaration has effect when it is recorded for the scheme in the Register.
This Act’s bill:Explanatory memorandumSecond reading speech
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