05. Town Planning Report · MCU10/2127

QUEENSLAND LAND REGISTRY ENLARGED PANEL Form 20 version 2
Land Title Act 1994, Land Act 1994 and Water Act 2000 Page 12 of 107

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Title Reference [Title Reference]

INTEREST LOT ENTITLEMENTS CONTRIBUTION

The interest schedule lot entitlements are not equal as it is fair and equitable for them not to be. In accordance with the
Act, the interest schedule lot entitlements are calculated based on the market value of each Lot.

CONTRIBUTION LOT ENTITLEMENTS CALCULATIONS

41. The Contribution Schedule Lot Entitlements (CSLE) for the Scheme are not equal. As required by s66 of the
Body Corporate and Community Management Act 1997, the CSLE for the Scheme have been allocated having
regard to:

(a) the structure of the Scheme;
(b) the nature, features and characteristics of the lots in the Scheme; and
{c) the purpose for which the Lots are used.
2. On the basis of these factors it is just and equitable for there to be a variation in the CSLE for the Scheme. The

difference in lot entitlements recognises that the factors stated above do not impact on how much each lot should
contribute to certain body corporate costs such as secretarial fees, audit fees, printing postage and outlays, but
the structure of the Scheme and the features and characteristics of the Lots result in a differential burden on the
costs of the body corporate for repair and maintenance of the common property.

3. When allocating the lot entitlements to be included in the CSLE, each of the above factors impacts on the
allocation in the following ways:

(a) Structure of the Scheme

The Scheme does not affect the CSLE. It is relevant that most of the recreational facilities are on
common property of the Scheme.

Different lots in the Scheme utilise Common Property to a greater extent depending upon their location in
the Scheme.

(b) Nature, Feature and Characteristics of the Lots in the Scheme

All of the lots in the Scheme are used for either residential or commercial purposes. It is also noted that
one of the Residential Lots is used for the operation of management rights, as well as for residential
purposes, and is known as the Caretaker’s Unit. The Body Corporate for Viridian Noosa CTS is
responsible for the repair and maintenance of common property within the scheme. This includes foyers,
lifts, external walls and windows, roof, utility infrastructure and utility services. In allocating the CSLE the
following features or characteristics of Lots in the Scheme increase the burden that the lot places on the
body corporate expenditure for the maintenance, cleaning and repair of the common property on the
following bases:

(i) The external common property that benefits the Lot. The external surface area of the Lot, which
as part of the Common Property comprises, amongst other things: the exterior walls which
require painting and maintenance, aluminium balustrade, window frames and fittings and glass,
metal screens and louvers, roofing membrane and materials. The greater the exposure of the
Lot to the Common Property, the greater the Common Property to be maintained by the Body
Corporate and consequently the greater the Lot entitlement. Therefore units that need a greater
perimeter of external wall have a greater Lot entitlement and contribution,

(ii) The internal Common Property that benefits the Lot. In the case of the 47 or so luxury villas they
have exclusive use pools and special arrangements for rubbish removal from their Lots as well
as internal Common Property comprising amongst other things of, fire prevention and
extinguisher equipment (such as sprinklers, booster pumps and thermo detection units), common
area carpets and electrical wiring. These all require maintenance and replacement. Therefore
units that enjoys a greater amount of these, especially with regard to special authority or

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