The new regulation modules updates commenced 1 March 2021, the key changes to these can be broken down into three categories: Committee Matters General Meeting Matters, and Administrative Matters This article will provide advice to owners on all three matters. Committee matters 1. Co-owners of lots can now both be voting committee members for each…
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Coinciding with our upcoming community education seminars, draft regulatory changes have been announced by the Queensland Government and community consultation on the draft changes commenced. In this update we have provided a list of the areas of proposed changes with access to full details published. We encourage all stakeholders to review these proposed changes and…
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The Australian Energy Market Commission (AEMC) recently finalised a range of proposals that will change the way in which electricity can be supplied in ‘embedded networks’ – an electricity supply arrangement that is common in strata properties also known as bulk electricity purchase. In this article we set out the key proposed changes, timeframes, transition…
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Cladding Stage 2 – Extended to 31 July 2019 SCA (Qld) has achieved an extension to 31 July 2019 on Stage 2 of the cladding regulation, which will greatly assist the 5,026 buildings to comply with the provisions of the BCCMA. Read the Media Release here. Pressure from SCA (Qld) in the media and through other…
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Cladding Compliance – 29 May Stage 2 Deadline Looming Building owners required to respond to the Queensland Government’s new combustible cladding regulations have been forced to remain passengers on the cladding ‘compliance bus’, even if their properties have been cleared of potentially hazardous materials. The Queensland Building and Construction Commission (QBCC) has recently indicated more…
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$100 Electricity Asset Dividend – Part 2 In April 2018 The Minister for Natural Resources, Mines and Energy announced each household will receive $100 electricity asset dividend. This dividend is to be paid by two $50 instalments over a 2 year period, with the second instalment to commence in April 2019. The prior update we…
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QLD Statutory Valuations – Objections and Townsville Options New Statutory Valuations recently announced across Queensland – Disagree with a valuation? Object. With the deadline to lodge an objection fast approaching, the Queensland Valuer General has recently issued new values for 18 local municipalities across the state. The areas affected include; Brisbane, Burdekin, Cairns, Etheridge, Gympie, Ipswich,…
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Strata Law Reform Attorney General announces no change to Lot Entitlements Attorney General Yvette D’Ath opened the Strata Community Association QLD (SCA) annual conference last month and announced that the government will not be making any changes to lot entitlements. The announcement is in response to the Property Law Review recommendations completed by the QLD…
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Statutory Review of Management Rights Agreements Any management rights agreement is a contract, and like any contract it is binding on both parties to it. The only way to vary a management rights agreement is usually:- 1. by agreement between the parties via some form of commercial negotiation, where neither party is forced to agree…
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