Unit Titles Bill 212-1 (2008), Government Bill

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Hon Shane Jones

Unit Titles Bill

Government Bill

212—1

Contents

Stratum estate created when unit plan deposited

Stratum estate created when unit plan deposited

Subsidiary body corporate treated as owner of subdivided principal unit

Existing easements and covenants affecting base land

Creation of new easements and covenants

Access lots

Redevelopment requiring amendment to unit plan

Redevelopment requiring new unit plan

Scheme following destruction or damage

Establishment and constitution of body corporate

Rights and responsibilities

Powers and duties of body corporate

Meetings and voting

Body corporate operational rules

Delegation

Body corporate committees

Long-term maintenance plan, funds, and ancillary matters

Contributions

Spending, borrowing, investing, and distributing money or property

Auditing and monitoring

Insurance

Repair and maintenance

Review of service contracts

Appointment of administrator

Liability

Disclosure of information by seller of unit

Disclosure by original owner of unit title development to body corporate

Cancellation of unit plans by Registrar

Cancellation of unit plans by court

Applications to cancel easements and covenants


The Parliament of New Zealand enacts as follows: