SCHEDULES

SCHEDULE 4Development rights

Section 58

1Introductory

This Schedule sets out the matters which are development business for the purposes of section 58.

2Works

The completion or execution of works on—

a

a commonhold,

b

land which is or may be added to a commonhold, or

c

land which has been removed from a commonhold.

3Marketing

1

Transactions in commonhold units.

2

Advertising and other activities designed to promote transactions in commonhold units.

4Variation

The addition of land to a commonhold.

5

The removal of land from a commonhold.

6

Amendment of a commonhold community statement (including amendment to redefine the extent of a commonhold unit).

7Commonhold association

Appointment and removal of directors of a commonhold association.