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STRATA SCHEMES MANAGEMENT ACT 2015 - SECT 6
Meaning of "large strata scheme"
6 Meaning of "large strata scheme"
(1) In this Act,
"large strata scheme" means a strata scheme comprising more than 100 lots or
another number of lots prescribed by the regulations for the purposes of this
section.
(2) When calculating the number of lots in a strata scheme for the
purposes of this section, utility lots and lots used for the purposes of
parking are not to be included in the calculation.
(3) The regulations may
contain provisions of a savings or transitional nature consequent on a change
in the kinds of schemes that are large strata schemes.
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