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LAND TITLE ACT 1994 - SECT 115B
Meaning of community titles scheme
(1) A
"community titles scheme" is— (a) a single community management statement
recorded by the registrar identifying land (the
"scheme land" ); and
(b) the scheme land.
(2) Land may be identified as
scheme land if it consists of— (a) 2 or more lots; and
(b) other land (the
"common property" for the community titles scheme) that is not included in a
lot mentioned in paragraph (a) .
(3) Land can not be common property for more
than 1 community titles scheme.
(4) For each community titles scheme, there
must be— (a) at least 2 lots; and
(b) common property; and
(c) a single
body corporate; and
(d) a single community management statement.
(5) A
community titles scheme is a
"basic scheme" if all the lots mentioned in subsection (2) (a) are lots under
this Act.
(6) However, under this part, a lot may be, for its inclusion in a
community titles scheme other than a basic scheme, another
community titles scheme. Note— BCCM Act , schedule 1 (Illustrations)
contains examples of possible structures of community titles schemes.
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