Municipal Finance Management Act, 2003
R 385
Sectional Titles Schemes Management Act, 2011 (Act No. 8 of 2011)7. Trustees of body corporate |
1) | The functions and powers of the body corporate must, subject to the provisions of this Act, the rules and any restriction imposed or direction given at a general meeting of the owners of sections, be performed and exercised by the trustees of the body corporate holding office in terms of the rules. |
2) |
a) | In addition to the functions contemplated in subsection (1), the trustees of the body corporate must receive and may consent to applications for subdivision of sections or consolidation of sections, made by the owners of sections. |
b) | Such consent must not unreasonably be withheld by the trustees. |
3) | For the purposes of an agreement in respect of the beacons and boundaries of the common property required in terms of the Land Survey Act, 1997 (Act No. 8 of 1997), the trustees are deemed to be the owner of the land. |