Unit Titles Act 2010

170 Owner of future development unit member of body corporate for purpose of this Part
  • The owner of a future development unit in a unit title development to which this Part applies is to be treated as a member of the body corporate for the purposes of the provisions of this Part, and those provisions apply as if—

    • (a) the unit were a principal unit; and

    • (b) the ownership interest of the unit were equivalent to the aggregate ownership interest of all the units into which it is proposed eventually to subdivide the future development unit, as shown on the proposed development plan.

    Compare: 1979 No 37 s 9(5)