NSW legislation update

pica-website-legislation-update-banner

The need to professionalise the strata or building management through more flexibility, efficiencies, accountability and alignment with modern technology is finally being put into action with the recent announcement of a new Strata Schemes Management Act 2015 which came into effect from
30 November 2016.


What does the new legislation entail?

At a high level, most of the changes are around making Annual General Meetings and committee meetings more inclusive, providing role clarity, introducing a consistency of terminology, and ensuring improved owner protection.

In order to make it easier to digest some of the legal and more complex changes, we created a series of communications:

The PICA Group NSW legislation updates

For the Sydney information event video link, visit our PICA Group YouTube page.

pica-nsw-legislation-video1
For changes more specific to your scheme’s requirements, we would encourage your owners corporation to conduct a by-law review.  If you have further questions or in need of advice, please email your strata manager with your property and contact details.

The PICA Group