206   Unpaid pecuniary penalty is charge on lot

(1)  Any pecuniary penalty or part of a pecuniary penalty the subject of an order under this Part that is to be paid by an owner of a lot in a freehold strata scheme to the owners corporation is a charge on the lot until paid to or recovered by the owners corporation.

(2)  Any pecuniary penalty or part of a pecuniary penalty the subject of an order under this Part that is to be paid by an owner of a lot in a leasehold strata scheme to the owners corporation is a charge on the lease of the lot until paid to or recovered by the owners corporation.

(3)  The charge does not affect a bona fide purchaser for value who made due inquiry at the time of purchase but had no notice of the liability.