14 Dec 2017
BODY CORPORATE 328392 v KIM [2017] NZHC 3113
- Citation
- [2017] NZHC 3113
- Court
- High Court
The Court approved the s 74 scheme because it was satisfied on the evidence that significant remedial work was necessary, that a comprehensive scheme administered by the body corporate was the most efficient and practicable method, and that the scheme's terms (including levy allocation and authority to address unforeseen defects and achieve code compliance) were appropriate to restore value to the complex.