21. By-laws applicable to limited common property, etc.

Subject to section 82 of the Act, the by-laws prescribed in the Second Schedule shall apply to the limited common property managed and maintained by a subsidiary management corporation with the following modifications:

any reference in the by-laws to the management corporation shall be read as a reference to the subsidiary management corporation; and

any reference in the by-laws to the common property shall be read as a reference to the limited common property.