Examples of BCCM Act in a sentence
Similarly, it is contended that the option deeds were “contracts” for the purposes of s 170 of the BCCM Act so that an information sheet was required to be attached in accordance with that provision.
Tracsafe shall comply with the BCCM Act and the associated regulation module at all times.
The BCCM Act also contains certain implied warranties that the seller is deemed to have given you.
The BCCM Act also contains certain implied warranties that you are deemed to have given to the buyer.
Q.31 How often are the provisions of the BCCM Act or regulations providing termination powers used, and are they working appropriately?The BCCM Act provides certain protections for financiers of management rights arrangements where the body corporate seeks to act to terminate those rights68.
QUT is scheduled to report its findings and recommendations on these issues later in 2014.The second stage of the review, will examine the Property Law Act 1974 and options for improving body corporate governance matters under the BCCM Act and other community titles laws.
The legal position as to whether a developer can accept consideration for selling management rights or whether accepting consideration would not be ‘acting in the best interests of the body corporate’ as required by the BCCM Act, is untested.
The BCCM Act and the Property Agents and Motor Dealer’s Act 2000 (PAMDA) were formulated to accommodate and arguably foster a sizeable management rights industry.
The Bill also amends the BCCM Act to enable a body corporate to make an application for an alternative insurance order where the body corporate cannot comply with its obligation to insure buildings on lots included in the community titles scheme that are created under a standard format plan of subdivision and have a common wall with a building on an adjoining lot.
The BCCM Act specifically prevents bodies corporate from receiving such proceeds13.