Queensland Consolidated Acts

BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 140

140 Requirement for transfer

The letting agent must transfer the letting agent’s management rights for the scheme if—

(a) a ground exists for the body corporate to require the transfer; and

(b) the body corporate—

(i) by majority resolution decided by secret ballot conducted in the way prescribed under the regulation module applying to the scheme requires the transfer; and

(ii) gives written notice of the requirement (the
"transfer notice" ) to the letting agent.