[200William-EC SP67851] Fwd: Draft strata bills released

[Matt Perkins]

Hi all, 
 You might find this of interest. The NSW governments new draft Strata legislation is available.

Matt


Begin forwarded message:

> From: "NSW Fair Trading" <strataupdate at finance.nsw.gov.au>
> Date: 15 July 2015 at 5:11:26 PM AEST
> To: matt at spectrum.com.au
> Subject: Draft strata bills released 
> Reply-To: strataupdate at finance.nsw.gov.au
> 
> 
> Click here to view an online version of this email
> Strata reforms update 
> 
> Issue #2 July 2015
> 
> Draft strata bills available now 
> The draft Strata Schemes Development Bill 2015 and Strata Scheme Management Bill 2015 have been released for public consultation outlining the Government’s proposed strata law reforms.
> 
> While there have been several amendments to the legislation over the years, this is the first major reform of strata laws since the Strata Titles Act was made in 1973. Reforms will bring strata laws into the 21st century and will create a modern framework for residents living in strata schemes now and in the future.
> 
> The proposed changes aim to:
> 
> make it easier for owners corporations to manage issues like pets, parking and by-laws
> create a new democratic process for collective sale and renewal of strata schemes
> support the responsible management of schemes with new accountabilities for strata managing agents
> establish a new process to help ensure building defects are addressed early in the life of the building
> enable modern forms of communication (including new options for your strata scheme to keep and issue electronic records, issue email updates and attend meetings ‘virtually’) to allow greater participation in schemes.
> This reform package is the result of a comprehensive review process (for a timeline of previous consultation refer our Reform of strata laws page). It featured a Discussion Paper, ‘Making NSW No. 1 Again: Shaping Future Communities’ generating more than 1,900 submissions, roundtable stakeholder meetings to examine reform proposals in more detail, and a Law Reform Position Paper.
> 
> View the draft Bills and further information on the proposed changes at our Reform of strata laws page. Please make your comments by 12 August 2015.
> 
> Major reforms explored in new fact sheets 
> 
> Information (with corresponding fact sheets) explaining key aspects of the proposed reforms is available on the NSW Fair Trading website as follows: 
> 
> Major changes to strata laws
> Scheme management reforms
> Collective sale and renewal reforms
> Managing dispute reforms
> Strata managing agent reforms
> By-law reforms.
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> 
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