(1) A strata company
for a scheme, or a proprietor of a lot in a scheme, may apply to the State
Administrative Tribunal for an order under this section.
(2) An order under
this section is an order —
shortening the term of,
an agreement to which
this section applies made between the strata company and another person.
(3) On the making of
an application under subsection (1), the State Administrative Tribunal
may make an order under this section if satisfied that the
unfair to the proprietors of 25% or more of the aggregate unit entitlement of
the lots in the scheme; or
for an excessively long term.
(4) This section
applies to an agreement if —
relates to the provision of services to the strata company or the proprietors;
is made before the commencement of section 77 of the Strata Titles
Amendment Act 1995 .
(5) An order under
this section may include an order for the payment of money by any party to the
agreement to another party for the purpose of adjusting the position or rights
of the parties consequentially on the termination or shortening of the term of
[Section 103E inserted: No. 58 of 1995
s. 77; No. 55 of 2004 s. 1156(1) and 1158.]