Community Titles (Resolutions) Amendment Regulations 2023 (SA)

South Australia

Community Titles (Resolutions) Amendment Regulations 2023

under the Community Titles Act 1996

Contents

Part 1—Preliminary

1            Short title

2            Commencement

Part 2—Amendment of Community Titles Regulations 2011

3            Amendment of regulation 21—Resolutions authorising expenditure (section 119 of Act)

Part 1—Preliminary

1—Short title

These regulations may be cited as the Community Titles (Resolutions) Amendment Regulations 2023.

2—Commencement

These regulations come into operation on the day on which they are made.

Part 2—Amendment of Community Titles Regulations 2011

3—Amendment of regulation 21—Resolutions authorising expenditure (section 119 of Act)

Regulation 21(b) and (c)—delete paragraphs (b) and (c) and substitute:

(b)of an amount that is equal to, or more than, the amount referred to in paragraph (a) must be authorised by a special resolution if—

(i)the expenditure is reasonably required for completing works that are required by a council (or a body established by 1 or more councils) or a public authority, or for works that are required in connection with or as a consequence of such works; or

(ii)the expenditure is less than an amount that is equivalent to $5 000 multiplied by the number of community lots in the scheme;

(c)of an amount that is equal to or more than the amount referred to in paragraph (b)(ii) (but is not expenditure of a kind referred to in paragraph (b)(i)) must be authorised by a unanimous resolution.

Editorial note—

As required by section 10AA(2) of the Legislative Instruments Act 1978, the Minister has certified that, in the Minister's opinion, it is necessary or appropriate that these regulations come into operation as set out in these regulations.

Made by the Governor

with the advice and consent of the Executive Council

on 15 February 2023

No 4 of 2023