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In English Law (and as a result, throughout the Commonwealth Realms), body corporate is the legal term for a corporation. It is distinct from a natural person, although it has many of the same legal rights. A body corporate can be either a corporation sole (consisting of a single person) or a corporation aggregate (consisting of two or more persons). The British Crown is an example of a corporation sole, whereas J Sainsbury plc is an example of a corporation aggregate. In Australia, the term "body corporate" also refers to a home owners association in Australia charged with the administration of one or more housing units. These associations are incorporated under the relevant property legislation, and thus are bodies corporate in the legal sense. Owners pay a monthly fee to provide for common maintenance and help cover future repair.[1][2] In the State of Victoria, the new Owners Corporations Act (Act No. 69/2006) will come into effect from 31 December 2007, replacing the term "body corporate" with "owners corporation".[3]
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Body Corporate Articles
How to have the Party your friends will remember!!
by Ron Wilkinson
Oct 24, 2008
THE VENDOR WHO STOLE THE SHOW... and had them begging for more.....
Ever walk past a vendor at the fair or carnival and see people lined up 50 deep?? You ask yourself....what are they giving away?? Truth be told....they are Airbru...
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