Queensland Consolidated Acts Queensland Consolidated Acts(1) A body corporate is incorporated on registration of the first precinct plan subdividing a community development lot.
(2) This body corporate is a precinct body corporate.
(3) The precinct property lots created by a precinct plan are transferred to the precinct body corporate.
(4) The precinct body corporate is responsible for, and may make by-laws in relation to, the ongoing management of the precinct property lots.