In the last of our series on strata reform, we outline some of the key changes to the model by-laws which are to be adopted by all new schemes registered on or after 30 November 2016.
The model by-laws for residential strata schemes are in Schedule 3 of the Strata Schemes Management Regulation 2016. They will apply to any strata scheme if adopted by the owners corporation or as lodged with any new strata plan.
The new model by-laws reflect the changing demographics and reality of our society that more and more people are living in units and are affected by the same issues. We expect that the introduction of some of the by-laws are likely to please owner-occupiers and tenants alike, including the following:
The new laws (except for the building defect regime) are coming into force on 30 November. If you would like further information or require assistance with navigating these changes, please get in touch.
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