36A. Certain provisions do not apply to companies for two-lot schemes
(1) Despite sections 35, 35A and 36, the provisions of this Act ¾
(a) specified in the table to this subsection; or
(b) prescribed by the regulations,
do not apply to a strata company for a two-lot scheme.
Table
section | relating to |
35(1)(f) | minutes of meetings, books of account |
35(1)(g) | statements of account |
35(1)(i) | receptacle for postal delivery |
35A(1) | roll of proprietors etc. |
36(1)(a) | fund for administrative purposes. |
(2) Nothing in subsection (1) prevents a strata company for a two-lot scheme doing anything described in a provision referred to in the table to that subsection.
(3) Despite subsection (2), a strata company for a two-lot scheme cannot establish a fund for administrative purposes, as mentioned in section 36(1)(a), except pursuant to a by-law made by it.
(4) The operation of this section is subject to any order for the time being in force under section 103A.
[Section 36A inserted by No. 58 of 1995 s. 40.]