(c) in respect of the application of section 14 of the Act, the period referred to in section 14 (1) must be interpreted as the period following
the deposit of the new phase until the annual general meeting required under section 230 of the Act, and
(b) in respect of the application of section 13 of the Act, the interim budget referred to in section 13 (1)(a) of the Act must be for the 12 month period following
the deposit of the new phase rather than for the 12 month period following the first conveyance of a strata lot to a purchaser,
(d) in respect of the application of section 14 of the Act, the period referred to in section 14 (1) must be interpreted as the period following
the deposit of the new phase until the annual general meeting required under section 230 of the Act, and
(c) in respect of the application of section 13 of the Act, the interim budget referred to in section 13 (1)(a) of the Act must be for the 12 month period following
the deposit of the new phase rather than for the 12 month period following the first conveyance of a strata lot to a purchaser,
Not exact matches
(3) If the first annual general meeting
of the strata corporation established by the
deposit of the first
phase of a
phased strata plan has not yet been held at the time that a
new phase is
deposited, the requirements
of Part 3
of the Act apply to the
new phase as if it were the first
phase of a
phased strata plan, but
13.2 If a
phase other than the first
phase of a
phased strata plan is
deposited, the bylaws
of the strata corporation established by the
deposit of the first
phase, and any amendments to those bylaws, are the bylaws for the
new phase.
(a) in respect
of the application
of section 12
of the Act, the owner developer is not required to establish a separate contingency reserve fund for the
new phase, but must pay the required amount into the contingency reserve fund
of the strata corporation established by the
deposit of the first
phase of the
phased strata plan,
(4) Subject to subsection (5), if the first annual general meeting
of the strata corporation established by the
deposit of the first
phase of a
phased strata plan has been held at the time that a
new phase is
deposited, sections 6 (2), 12, 13, 14, 18, 20 (2)(a) and (3), 22 (b) and 23
of the Act apply to the
new phase as if it were the first
phase of a
phased strata plan, but
(b) in respect
of the application
of section 12
of the Act, the owner developer is not required to establish a separate contingency reserve fund for the
new phase, but must pay the required amount into the contingency reserve fund
of the strata corporation established by the
deposit of the first
phase of the
phased strata plan,