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Section 26

Effect of division or amalgamation

of Strata Titles Act 1985

ActIn forceProvision 58 of 90
Section 26
(1)

On a division, the number of share units of each parcel shall be a whole number allotted by the proprietor of the divided parcel as approved by the Director:

Strata Titles 69

Provided that the total number of share units of all the new parcels shall be equal to the number of share units of the divided parcel.

(2)

On an amalgamation, the number of share units of the new parcel shall be a number equal to the total number of share units of the amalgamated parcels.

(3)

Subject to subsections (1) and (2), the Strata Management Act 2013 shall apply in relation to a new parcel in a subdivided building or land as if the new parcel were one of the parcels which came into existence when the building or land was subdivided.