A lease or licence, or
lease and licence, to use or occupy the common property or part of the common
property, in a strata titles scheme for a term or terms exceeding the period
specified in the regulations in aggregate (including any option to extend or
renew the term of a lease or licence) is not effective unless it has been
approved in writing by the local government of the district in which the
parcel is situated.
[Section 26 inserted: No. 30 of 2018 s. 83.]
[Former section 26 renumbered as section 28 and relocated to Part 3 Division
4: No. 30 of 2018 s. 84.]
[Heading inserted: No. 30 of 2018 s. 83.]