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Body corporate
"Body corporate" in a Sentence (8 examples)
The Procureur at Singapore of La Société des Missions Étrangères to be a body corporate [section title] [section] 2.—(1) The said Nicolas Justin Couvreur and his successors for the time being in the office of Procureur at Singapore of "La Société des Missions Étrangères", duly qualified as hereinafter provided, shall be a body corporate, hereinafter called the corporation, and shall for the purposes of this Ordinance have the name of "The Procureur in Singapore of La Société des Missions Étrangères", and by that name have perpetual succession, and shall and may have and use a corporate seal.
Section 314 of the 1980 Act provides that a director, manager, secretary or other similar officer of a body corporate that has committed particular offences under the 1980 Act will also be guilty of those offences if it can be proved that the offence was committed with the consent or connivance of that officer or is attributable to the neglect of the officer.
A body corporate is the holding body corporate of another if that other body corporate is its subsidiary.
In relation to the conduct of a corporation, which is usually relevant to the physical element of a criminal offence, s 769B(1) of the Corporations Act provides that conduct engaged in on behalf of a body corporate […] is taken for the purposes of a provision of this Chapter, or a proceeding under this Chapter, to have been engaged in also by the body corporate.
Rules governing the behaviour of residents or tenants are set in two ways: by legislation and by the body corporate creating its own rules of management.
This commission is not paid by the body corporate and does not come out of the levies paid by lot owners. Rather, it is a commission paid by each lot owner of the apartments that the onsite letting agent manages as real estate agent.
Units in blocks of more than two are almost always part of a body corporate.
The owners elect representatives from among themselves to sit on a body corporate committee, and the committee collects an annual levy from the owners. It then uses that levey to run the building, paying for things like maintenance, repairs and insurance.
See also for "body corporate"
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