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LAND TITLE ACT 1994 - SECT 54B
Circumstances under which building management statement may be registered
54B Circumstances under which building management statement may be registered
(1) A building management statement may be registered only if it is signed by
the registered owners of all lots to which the statement applies.
(2) The
lots to which a building management statement applies must comprise— (a) 2
or more volumetric format lots; or
(b) 1 or more volumetric format lots, and
1 or more standard format lots.
(3) In this section, a reference to
standard format lot or volumetric format lot is taken to include a reference
to common property, if the common property is created on registration of—
(a) a building format plan of subdivision; or
(b) a volumetric format
plan of subdivision.
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