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Strata Schemes Management Act 2015 No 50
Current version for 1 July 2020 to date (accessed 10 July 2020 at 08:04)
259 Notice to be given to owners corporation of mortgagee taking possession of lot
If a mortgagee of a lot takes possession of the lot, the mortgagee must give written notice of that fact to the owners corporation within 14 days of taking possession of the lot.Maximum penalty—5 penalty units.