Strata & Community Living Summer 2013

2013 Summer Edition
New year, new laws
Strata owners flock to SCA (NSW) Convention
Protect your super and property
Window locks now law
Does your pool comply?
Japanese delegation

In case you missed it or have forgotten, the NSW Government released a position paper as part of the next phase of the NSW Strata Law Review, in mid-November 2013. The paper outlines the changes the government will be making to the NSW Strata Laws when it drafts and introduces the new legislation into State Parliament sometime early next year.

New year, new laws
Five different areas have been identified as needing change, these are:
• governance
• managing the built environment
• budgets and levies
• by-laws
• managing disputes

Within these areas are some proposed key changes that residents should be aware of because once they become law it is a very long and difficult process for them to be changed.

Strata owners flock to SCA (NSW) Convention
Now in its sixth year, the event keeps going from strength-to-strength and this year we had the Minister for Fair Trading, Mr Anthony Roberts, MP, address the audience giving them first insights into what the new NSW legislation might look like.

Protect your super and property
Property scams disguised as financial advice are costing hundreds of investors millions in lost superannuation. The Australian Securities and Investments Commission and the ATO warn that too many people are getting themselves into risky investments on the advice of unscrupulous salespeople.

Window locks now law
The NSW Government has passed through Parliament new window safety laws to help prevent children falling from residential strata buildings. The Minister for Fair Trading Anthony Roberts announced the new measures in mid-October.

Does your pool comply?
Time’s up to register your pool so if you haven’t done so you could be facing a fine. Since mid-November authorised officers may fine pool owners if their pool is not registered on the NSW Swimming Pool Register. The next step is that from 29 April 2014 you will need a pool compliance certificate to sell or lease your unit.

Japanese delegation
Earlier this year SCA (NSW) representatives met with Japanese Government officials. They were interested in discussing the strata law review, which they had been following in Japan, and more to the point the SCA policy around termination of strata schemes.

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