The NSW State government have begun the process of to enact a series of reforms to the Strata Laws.
"The reforms are designed to:
• empower communities to make their own decisions in a democratic way;
• foster a culture of community and cooperation;
• improve governance through greater transparency and accountability;
• help ensure building defects are identified and rectified earlier;
• establish a fair process for the collective sale and renewal of strata schemes;
• provide a simple and effective means for resolving disputes;
• recognise the importance of communication and education;
• provide protection for individuals from unfair practices;
• encourage participation in meetings and decision-making by residents and owners;
• be future orientated, with emphasis given to modern technology;
• establish flexible administrative and management arrangements; and
• reduce red tape, update terminology and simplify requirements.
The Government is currently drafting a Bill that will give effect to the reforms outlined in this paper and will aim to table the Bill in the Parliament in early 2014".
-Strata Title Law Reform, Strata & Community Title Law Reform Position Paper; NSW State Government; November 2013
For more information, please visit the NSW State Government website HERE