82   Consequences of making an order under section 79 or 80

(1973 Act, s 53)

(1)  Except as provided in section 77 (2), upon receipt of a certified or office copy of the minute of an order made under section 79 or 80, the Registrar-General shall make appropriate recordings in the Register (including orders relating to amendments of any strata development contract or, in the case of an order under section 80, orders relating to cancellation of a strata development contract) to give effect to the order.

(2)  Where, by reason of receipt of a certified or office copy of the minute of an order made under section 80, the Registrar-General is required by subsection (1) to make recordings in the Register, the Registrar-General shall:

(a)  cancel the folios of the Register for the leases of the lots and common property the subject of the former leasehold strata scheme, and

(b)  record in the folio of the Register evidencing the lessor’s reversion in the former parcel that the body corporate is the lessee of that part of the parcel which contained the former lots and common property that were comprised in the scheme, together with any other estates or interests to which the body corporate’s leasehold estate in that part continues to be subject.