deliria1 – to be honest I’m not so sure about the entirety of your quote; what is its source?
What I AM aware of is that if, within two (2) years of the conclusion of a staged strata development, an Owners Corporation considers that all or some of its Scheme’s units of entitlement (UOE) don’t accurately reflect the market value of lot/s, and that’s substantiated by Certificate from a Registered Valuer, then the O/C may resolve by way of a special resolution at a General Meeting to submit a Schedule setting out revised UOEs and the Certificate directly to NSW Land & Property Information (L&PI) who will then make the amendments shown on the Strata Title.
Perhaps contact L&PI directly on (02) 9228 6666; I’ve always found them to be very helpful and forthcoming with accurate advice.