Queensland Consolidated Acts

BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 409

409 Request for adjustment—scheme other than specified two-lot scheme

(1) This section applies to a community titles scheme—

(a) to which this subdivision applies; and

(b) that is not a specified two-lot scheme.

(2) An owner of a lot included in a scheme may submit a request to the committee (the
"committee" ) for the body corporate proposing an adjustment of the contribution schedule lot entitlements for the lots included in the scheme to reflect the last adjustment order entitlements for the scheme.

(3) Within 60 days after receiving the request, the committee must—

(a) identify the last adjustment order entitlements for the scheme; and

(b) give written, dated notice to each owner of a lot included in the scheme—

(i) stating that a request has been submitted to the committee proposing the adjustment of the contribution schedule lot entitlements for the scheme to reflect the last adjustment order entitlements, as modified, if applicable, under subdivision 5; and

(ii) accompanied by written evidence of the last adjustment order entitlements for the scheme; and

(iii) stating the committee’s proposed adjustment of the contribution schedule lot entitlements for the scheme; and

(iv) inviting the owner to make written submissions, within 28 days (the
"submission period" ) after the date of the notice, as to what modification, if any, is required to be made to the last adjustment order entitlements under subdivision 5.