@mini said:
I think it is at least arguable that the by-law would offend s 49(1) of the Strata Schemes Management Act 1996, which states that “No by-law is capable of operating to prohibit or restrict the devolution of a lot or a transfer, lease, mortgage, or other dealing relating to a lot.”
No, it isn’t arguable. Section 49, to which you refer, doesn’t even prevent owners corps from passing by-laws preventing the lease of apartments as short-term lets – something that is a lot closer to the wording of this section than preventing car spaces from being used for other purposes.