Tuesday, 24th October 2017

register | forgot password?

Get Ready for the New Legislation

Sunday, 14th August 2016

New Strata Laws Take Effect 30 November

Following the NSW Government announcement that the new strata laws would take effect from 30 November 2016, SCA (NSW) President Greg Haywood and General Manager Rachel Lynn spoke to NSW Fair Trading Commissioner Rod Stowe to get his view on the new changes. They asked him what challenges strata managers and strata owners might face and discussed the upcoming roadshows for later this month and early next month. Commissioner Stowe acknowledged that there is work to be done to get strata managers and owners ready for the commencement date of the legislation. Roadshow dates are below.

“The key is to roll out the major education program that NSW Fair Trading together with SCA (NSW) and the REINSW have been jointly developing.

"I have seen the campaign which has being developed by the agency we engaged to bring the education program to life. It’s looking good and will go a long way to helping those affected by the changes understand what they need to do.”

Roadshows will be run from Tweed Heads/Ballina, Coffs Harbour, Port Macquarie, Newcastle and Wollongong as well as major areas in metropolitan Sydney.

SCA (NSW) also wanted to know if there would be a changeover period to provide time for systems to be put in place. Commissioner Stowe stated that feedback provided to date indicated that a changeover period would not be necessary as the current lead time is satisfactory.

“Obviously we don’t expect everyone to get everything in place on 30 November but we are fairly hopeful that people will have some systems and processes in place. We will work with people who have issues to find ways to address them. Fair Trading staff will be ready and able to help managers and owners and of course there will be a lot of information on the website.

“It’s not about trying to catch people out at the beginning. We want to make sure people are on board and well-informed and that if they have questions they know where to go for assistance.”

The Commissioner said that one of the key things they want to work with owners on is encouraging them to review their existing by-laws with a view to streamlining them by possibly adopting the new model by-laws in the new Act.

“We expect that this work will take around 12 months and hope that most owners corporations will have made some updates over this time.”

Apart from reviewing their by-laws, Commissioner Stowe said that owners need to look at the opportunities that the new laws provide in the form of using modern technology to make administration of their schemes easier.

“They should be having those conversations now with their strata managers and deciding how they can work together using modern technology to communicate and inform their owners, investors and tenants.”

Other reforms that owners need to take a close look at are those around proxy voting which has undergone a major overhaul and tenants being able to vote on certain matters.

“One exciting area that a lot of owners corporations will like is that they can, once they have passed the appropriate by-law, ask their local council to assist them with enforcing parking. This is likely to be very popular.”

New laws, not just reformed laws, include those around collective sales. Commissioner Stowe said that this is a key change for the strata sector. He explained that an independent advocacy service for those wanting advice, assistance and information on the process of winding up a strata scheme with the agreement of a majority of owners, would be made available.

“This is an important change and we will be making sure the advocacy service is independent so that it can provide owners with the best possible advice for their situation.”

Key reforms that strata managers should be aware of include new disclosure requirements around the review process for contracts including the changes to the three-year roll-over period.

SCA (NSW) is also developing templates to help strata managers with insurance commission disclosures to ensure consistency in the sector.

As part of his final comments, Commissioner Stowe wanted to reassure SCA (NSW) members that while the new laws may seem a challenge at first there is plenty of help available to those who need it and information will be easily accessible.

To register for the even please visit www.ivvy.com/event/DOQ2Q2

Story supplied by Strata Community Australia NSW. 

Bookmark and Share

Comment from wiboonsin on Friday, 14th July 2017

I like your working style. Your website Nike Zoom Pegasus 34 is so interesting and nice. You have done superb job. Thanks for sharing.

Comment from casusbubble on Wednesday, 05th July 2017

One tip for keeping with your fitness regimen is to join a fitness club and pay upfront for multiple months. You will be more motivated because the money is already spent. However, you should only do this if you're struggling to get yourself to workout. http://www.yogaburnforwomen.org/

Comment from wiboonsin on Friday, 16th June 2017

I am unquestionably making the most of your site. You unquestionably Nike Zoom Structure 19 Herre Joggesko runnernorge.com/nike-zoom-structure-19-c-4_92.html have some extraordinary knowledge and awesome stories.

Comment from stdobre on Wednesday, 14th June 2017

Thank you for sharing the post. The new legistration seems to have nothing to do with me instagram

Comment from danielulrich971 on Friday, 26th May 2017

Freedom is everything in real life. A true as this maxim is, it is also essential to note that on the Internet too. The Freedom app is the most important app to have if you are a gaming enthusiasts. Interestingly, remember that this app is completely safe and free.

Comment from wiboonsin on Wednesday, 24th May 2017

Like your writing practice! I have been studying a whole one post, you seriously write Chaussures Nike Flyknit Lunar 3 www.roadrunnerfr.com/nike-flyknit-lunar-3-c-1_52.html like a professional.

Comment from Lola Burton on Friday, 05th May 2017

If you are unsure, you can take a look at out the lists of recent music on famous media websites. If an artist has a new album coming out, probabilities are there are a few Music Videos DVD from it as properly. These are frequently free to view, due to the fact they assist in promoting the album, that is what the artist's final purpose is. As soon as you've got your ideas, it's time to start searching.

Comment from sunnyydv27 on Wednesday, 15th February 2017

Free steam wallet codes are the dream of any big playing game steam wallet codes get free gift cards online free keys generated online.

Comment from Stacey45 on Saturday, 11th February 2017

good might too be tried to assist the use of Mobdro. Mobdro for PC online videos, if you are just one of individuals best.

Comment from pokem23 on Sunday, 08th January 2017

This tool for Gta 5 money generator is always so good to generate free money and all for free.

Search for services

Find tradesman or property services in your local area.

Search for services