Strata Titles Act 1985 · Updated to 1 Apr 2021 · Part III · Registration of Strata Titles
18. Share units of parcels
Feedback & supportEvery parcel shall have a share value as approved by the Director and expressed in whole numbers to be known as share units.
parcel
Defined · s 4
“parcel”, in relation to a subdivided building, means one of the individual units comprised therein, which (except in the case of an accessory parcel) is held under separate strata title, and in relation to a subdivided land, means one of the individual units of land parcel; *NOTE— The National Land Code has been revised as the National Land Code. Strata Titles 13