CMS plan · 132004.240098.5

 

 

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Title Reference Sobo4Q40 On the Terrace community titles scheme 36880 Page 3 of 16

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scheme increase the burden the lots places on the body corporate expenditure for the maintenance, cleaning and
repair of the common property on the following bases:

{a) The 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 louvres, 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 lots that
need a greater perimeter of external wall have a greater lot entitlement and contribution.

(b) Certain areas of common property have been allocated by exclusive use by-laws to the commercial lots and
the residential lots, for example the swimming poo! has been allocated to the residential lots. The annual
administrative fund expenses for the swimming pool area has been taken into account by a variation of
contribution schedule lot entitlements between the residential lots and the commercial lots. The internal
common property comprises, amongst other things, the lift and lift well. The lift and lift well require
maintenance and replacement therefore the lots that enjoy the benefit of the lift and {ift well have a greater lot
entitlement and contribution.

 

3. The Purpose for which Lots are Used
Although ten of the lots in the Scheme are used for residential purposes and three of the lots for commercial
purposes, it is not considered that this factor alone contributes to any differences in the lot entitlements.
[ SCHEDULE B EXPLANATION OF THE DEVELOPMENT OF SCHEME LAND |

 

Not applicable.

 

 

[ SCHEDULE C BY-LAWS

1. INTERPRETATION AND DEFINITIONS

1.1. In these By-laws, unless the context otherwise requires:
Headings are included for guidance only and are not to be used as an aid in the interpretation of these By-laws.
Plurals include the singular and singular the plural. References to either gender will include a reference to the other
gender. References to persons include natural persons, bodies corporate, companies, trusts and all other entities
at law.
In these by-laws, unless the context otherwise requires, where the Body Corporate is to consent to some act or
thing, the Body Corporate may give or withhold its consent at its discretion, or may give the consent subject to
conditions.
Where these by-laws provide that an Owner or Occupier must obtain the approval or consent of the Body
Corporate, that approval or consent may be given by the Committee if authorised by the Act.
A reference to a by-law includes any variation or replacement of that by-law.
Where a term or expression is used in these by-laws and it is not defined in these by-laws it will (if applicable) have
the meaning given to it in the BCCM Act or the Regulation Module applying to the Scheme.

1.2 In these by-laws, the following words have the following meaning, unless the context otherwise requires:-

"BCCM Act" and “the Act” means the Body Corporate and Community Management Act 1997 and the Regulation
Module applying to the Scheme;

“body corporate" means the body corporate formed under the BCCM Act on establishment of the Scheme;

“Building” means the building or buildings and other improvements on the Scheme Land;

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