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BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 410
Decision of body corporate committee
410 Decision of body corporate committee
(1) This section applies if a committee for a body corporate receives a
request under section 409.
(2) Within 90 days after the submission period
ends, the committee must, after considering any submission made during the
submission period, decide what modification, if any, is required to be made
under subdivision 5 to the last adjustment order entitlements for the scheme.
(3) Within 7 days after making its decision, the committee must give the owner
of each lot included in the scheme written notice of the committee’s
decision.
(4) Within 30 days after the committee makes the decision, the body
corporate must lodge a request to record a new community management statement
for the scheme incorporating the last adjustment order entitlements for the
scheme, as modified, if applicable, under subdivision 5 (the
"changed entitlements" ). Penalty— Maximum penalty—100 penalty units.
Note— Under section 46(10), a change to a lot entitlement takes effect on
the recording of a new community management statement incorporating the
change.
(5) However, subsection (4) does not apply if, before the end of
the 30 day period— (a) an owner of a lot included in the scheme makes an
application under section 412; and
(b) the specialist adjudicator or QCAT
makes an order under section 413.
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