Strata Schemes Management Regulations 2016 now available
The Department of Fair Trading has now released the final regulations, all 49 pages of which can be viewed in pdf format by clicking here.
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NSW: Q&A Do We Need a ByLaw For That?
Question: Does the strata Committee have the legal right to sell framed art pieces in common areas without all lot owner’s permission? Answer: Yes, a general meeting of the Owners Corporation would be required and there are likely local council consent and insurance implications. We consider that, at minimum, the Owners Corporation would need…
NSW: Q&A When are Pecuniary Interest Disclosures Required?
Question: If a committee member submits a motion they have a vested interest in, shouldn’t they abstain from voting? Should the strata manager enforce this? Regarding the issue of a Strata Committee Member proposing a motion to the Strata Committee that they have a vested interest in, which constitutes a breach of conflict of…
NSW: Q&A Duties of Strata Treasurer. Is there a job description?
Question: I can’t seem to find any information on how to set up the trust account at the bank. What should we be aware of? I am a lot owner (block of 3) and we are looking at managing the strata ourselves. I can’t seem to find any information on how to set up…
July 2020 Changes to Strata Schemes – What you Need to Know
Rectification of building defects amendments to the Strata Schemes Management Act, 2015 (NSW) (“SSMA”) commenced on 1st July 2020 pursuant to the Strata Schemes Management Amendment (Building Defects Scheme) Act, 2018 (NSW). These are welcome new laws which increase the rights of owners corporations to make claims against builders, developers and others to have…
NSW: Repeated Breaches – The Washings on the Balcony!
Question: What action can the Strata Committee take to impose compliance for breaches? A lot owner is amplifying her non-compliance in response to being advised to cease her hanging of washing on the balcony practices. Answer: Issue a notice to comply with the washing on the balcony bylaw and then pursue the matter through NCAT….
Rain Water Tanks and your Strata Scheme
Last month was the warmest January on record globally, with Australia experiencing sweltering temperatures of 40ºC plus and smoke haze for days on end. In the past week we have had the wettest February in years with some suburbs receiving in excess of 150mm in a 24 hour period. Your Strata Scheme may look into…
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