New South Wales Consolidated Acts

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STRATA SCHEMES MANAGEMENT ACT 2015 - SECT 259

Notice to be given to owners corporation of mortgagee taking possession of lot

259 Notice to be given to owners corporation of mortgagee taking possession of lot

If a mortgagee of a lot takes possession of the lot, the mortgagee must give written notice of that fact to the owners corporation within 14 days of taking possession of the lot.

: Maximum penalty--5 penalty units.



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