Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Sittings . . . . PDF . . . .

Legislative Assembly for the ACT: 2005 Week 09 Hansard (Thursday, 18 August 2005 2005) . . Page.. 2943 ..


insert

11ASection 30

renumber subsections when Act next republished under Legislation Act

3

Proposed new clause 14A

Page 5, line 23—

insert

14ANew section 64A

insert

64AGeneral and sinking funds in staged developments

This section applies to a general fund or sinking fund established by an owners corporation for a staged development if the development has not been completed.

A contribution to a general fund is not payable by the owner of a unit if the unit is in an uncompleted stage of the development.

A contribution to a sinking fund is not payable by the owner of a unit if the unit is in an uncompleted stage of the development.

The owners corporation must not pay an amount from a general fund or sinking fund in relation to an uncompleted stage of the development.

4

Clause 16

Proposed new section 110A (2)

Page 6, line 15—

omit proposed new section 110A (2), substitute

The people entitled to vote on the motion are as follows:

if the motion is only about an uncompleted stage of the development—the people entitled to vote under section 110 in relation to units in the uncompleted stages of the development;

if the motion is only about a completed stage of the development—the people entitled to vote under section 110 in relation to units in the completed stages of the development;

in any other case—the people entitled to vote under section 110.

5

Proposed new clause 17

Page 6, line 20—

insert

17Building insurance by owners corporation

New section 132 (3)

insert

In this section:


Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Sittings . . . . PDF . . . .