(1) This section applies to any ¾

(a) single tier strata scheme; or

(b) survey-strata scheme,

the plan for which is registered before the commencement of section 37 of the Strata Titles Amendment Act 1996.

(2) During the period of 6 months after that commencement (}the transition period~) the ownership of land in a scheme is to be determined, for the purposes of the Dividing Fences Act 1961, in accordance with section 123(2).

(3) Before the expiry of the transition period a proprietor of a lot in a scheme may serve notice in writing ¾

(a) on the strata company; or

(b) in the case of a two-lot scheme, on the other proprietor,

that he requires that section 123(2) continue to apply to the scheme after the expiry of that period.

(4) If before the expiry of the transition period ¾

(a) a notice is given under subsection (3) by a proprietor of a lot in a scheme; and

(b) a copy of the notice accompanied by the prescribed form is lodged with the Registrar of Titles for recording on the strata/survey-strata plan,

section 123(2) continues to apply to the scheme after the expiry of the transition period.

(5) It is for the proprietor who has served a notice under subsection (3) to lodge a copy of the notice, accompanied by the prescribed form, with the Registrar of Titles for the purpose of subsection (4)(b).

(6) If before the expiry of the transition period ¾

(a) a notice is not given under subsection (3) by a proprietor of a lot in a scheme; and

(b) a copy of the notice accompanied by the prescribed form is not lodged with the Registrar of Titles for recording on the strata/survey-strata plan,

section 123(3) applies to the scheme after the expiry of the transition period.

(7) This section has effect subject to ¾

(a) any order under section 103Q; and

(b) any by-law of the kind referred to in section 123(4).

[Section 123A inserted by No. 61 of 1996 s.37.]