(1) When creating a folio, the Registrar shall register in the folio —
(a) as the freehold land owner, the person or persons whom the Registrar determines to be entitled to be registered as the freehold land owner; and
(b) as the owner of any other interest affecting the lot that is apparent to the Registrar or that is later brought to the Registrar's attention under this section, the person whom the Registrar determines to be entitled to be registered as a holder of that interest.
(2) Further, when creating a folio, the Registrar shall, if it is the fact, register in the folio that ownership of the lot —
(a) may be subject to the benefits and burdens created under any Strata Development Documents, building sales agreement, co-owners association constitution, master community declaration, or similar document applicable to the lot; and
(b) may include shares in an owner's association associated with the development of which the building forms part.