Australian Capital Territory
Unit Titles (Management) Transitional Provisions Regulation 2012    
SL2012-12
made under the
Unit Titles (Management) Act 2011
Republication No 1
Effective:  4 April 2012 – 4 April 2017
Republication date: 4 April 2012
Regulation not amended

About this republication
The republished law
This is a republication of the Unit Titles (Management) Transitional Provisions Regulation 2012, made under the Unit Titles (Management) Act 2011 (including any amendment made under the Legislation Act 2001, part 11.3 (Editorial changes)) as in force on 4 April 2012.  It also includes any commencement, repeal or expiry affecting this republished law.  
The legislation history and amendment history of the republished law are set out in endnotes 3 and 4. 
Kinds of republications
The Parliamentary Counsel’s Office prepares 2 kinds of republications of ACT laws (see the ACT legislation register at www.legislation.act.gov.au):
•	authorised republications to which the Legislation Act 2001 applies
•	unauthorised republications.
The status of this republication appears on the bottom of each page.
Editorial amendments
The Legislation Act 2001, part 11.3 authorises the Parliamentary Counsel to make editorial amendments and other changes of a formal nature when preparing a law for republication.  Editorial changes do not change the effect of the law, but have effect as if they had been made by an Act commencing on the republication date (see Legislation Act 2001, s 115 and s 117).  The changes are made if the Parliamentary Counsel considers they are desirable to bring the law into line, or more closely into line, with current legislative drafting practice.  
This republication does not include amendments made under part 11.3 (see endnote 1).
Uncommenced provisions and amendments
If a provision of the republished law has not commenced, the symbol  U  appears immediately before the provision heading.  Any uncommenced amendments that affect this republished law are accessible on the ACT legislation register (www.legislation.act.gov.au). For more information, see the home page for this law on the register.
Modifications
If a provision of the republished law is affected by a current modification, the symbol  M  appears immediately before the provision heading.  The text of the modifying provision appears in the endnotes.  For the legal status of modifications, see the Legislation Act 2001, section 95.
Penalties
At the republication date, the value of a penalty unit for an offence against this law is $110 for an individual and $550 for a corporation (see Legislation Act 2001, s 133).

Australian Capital Territory
Unit Titles (Management) Transitional Provisions Regulation 2012
made under the
Unit Titles (Management) Act 2011
    
Contents
	Page
	1	Name of regulation	2
	3	Dictionary	2
	4	Notes	2
	5	Existing sinking funds—contributions	2
	6	Expiry	3
Dictionary		4
Endnotes
	1	About the endnotes	5
	2	Abbreviation key	5
	3	Legislation history	6
	4	Amendment history	6

Australian Capital Territory
Unit Titles (Management) Transitional Provisions Regulation 2012     

made under the
Unit Titles (Management) Act 2011

    

  

1	Name of regulation
This regulation is the Unit Titles (Management) Transitional Provisions Regulation 2012.
3	Dictionary
The dictionary at the end of this regulation is part of this regulation.
Note 1	The dictionary at the end of this regulation defines certain terms used in this regulation.
Note 2	A definition in the dictionary applies to the entire regulation unless the definition, or another provision of the regulation, provides otherwise or the contrary intention otherwise appears (see Legislation Act, s 155 and s 156 (1)).
4	Notes
A note included in this regulation is explanatory and is not part of this regulation.
Note	See the Legislation Act, s 127 (1), (4) and (5) for the legal status of notes.
5	Existing sinking funds—contributions
	(1)	This section applies to a sinking fund plan—
	(a)	approved by an existing owners corporation under the Unit Titles Act 2001, division 5.4; and
	(b)	that was current immediately before the commencement day.
	(2)	The total sinking fund amount for a financial year is taken to be the sinking fund contribution determined in accordance with the sinking fund plan by the existing owners corporation for that year.
	(3)	Subsection (2) applies to each financial year before the financial year in which the earlier of the following happens:
	(a)	the sinking fund plan is replaced under the Act, section 84 (2); 
	(b)	the sinking fund plan is reviewed under the Act, section 85; 
	(c)	the sinking fund plan is amended under the Act, section 86.
	(4)	In this section:
commencement day means the day the Act, part 12 commences.
existing owners corporation means an owners corporation established under the Unit Titles Act 2001 that is in existence immediately before the commencement day.
Note 1	An existing owners corporation includes a corporation established under the Unit Titles Act 1970 (repealed) and continued in existence under the Unit Titles Act 2001, s 184 (expired).  
Note 2	Establish includes constitute and continue in existence (see Legislation Act, dict, pt 1).
6	Expiry
This regulation expires 5 years after the day it commences.

Dictionary
(see s 3)
Note 1	The Legislation Act contains definitions and other provisions relevant to this regulation.
Note 2	For example, the Legislation Act, dict, pt 1, defines the following terms:
·	definition (see s 130)
·	provision.
Note 3	Terms used in this regulation have the same meaning that they have in the Unit Titles (Management) Act 2011 (see Legislation Act, s 148).  For example, the following terms are defined in the Unit Titles (Management) Act 2011, dict:
·	financial year
·	sinking fund contribution (see s 89 (1))
·	total sinking fund amount.

Endnotes
1	About the endnotes
Amending and modifying laws are annotated in the legislation history and the amendment history.  Current modifications are not included in the republished law but are set out in the endnotes.
Not all editorial amendments made under the Legislation Act 2001, part 11.3 are annotated in the amendment history.  Full details of any amendments can be obtained from the Parliamentary Counsel’s Office.
Uncommenced amending laws are not included in the republished law.  The details of these laws are underlined in the legislation history.  Uncommenced expiries are underlined in the legislation history and amendment history.
If all the provisions of the law have been renumbered, a table of renumbered provisions gives details of previous and current numbering.  
The endnotes also include a table of earlier republications.
2	Abbreviation key

A = Act	NI = Notifiable instrument	
AF = Approved form	o = order	
am = amended	om = omitted/repealed	
amdt = amendment	ord = ordinance	
AR = Assembly resolution	orig = original	
ch = chapter	par = paragraph/subparagraph	
CN = Commencement notice	pres = present	
def = definition	prev = previous	
DI = Disallowable instrument	(prev...) = previously	
dict = dictionary	pt = part	
disallowed = disallowed by the Legislative 	r = rule/subrule	
Assembly	reloc = relocated	
div = division	renum = renumbered	
exp = expires/expired	R[X] = Republication No	
Gaz = gazette	RI = reissue	
hdg = heading	s = section/subsection	
IA = Interpretation Act 1967	sch = schedule	
ins = inserted/added	sdiv = subdivision	
LA = Legislation Act 2001	SL = Subordinate law	
LR = legislation register	sub = substituted	
LRA = Legislation (Republication) Act 1996	underlining = whole or part not commenced	
mod = modified/modification	or to be expired	

3	Legislation history
Unit Titles (Management) Transitional Provisions Regulation 2012 SL2012-12
notified LR 3 April 2012
s 1, s 2 commenced 3 April 2012 (LA s 75 (1))
remainder commenced 4 April 2012 (LA s 73 (3))
Note	This regulation exp 4 April 2017 (see s 6)
4	Amendment history
Commencement
s 2	om LA s 89 (4)

©  Australian Capital Territory 2012