RIVERSTONE RESIDENTS INVITED TO HAVE THEIR SAY ON STRATA REFORMS
Written on the 15 July 2015 by Kevin ConollyKevin Conolly MP, Member for Riverstone is urging residents in the Riverstone electorate to have their say on the proposed changes to strata law in NSW, which is now open for feedback until 12 August 2015.
This followed an announcement by the Minister responsible for Fair Trading Victor Dominello, who released two exposure draft bills for final consultation, to reform strata living in NSW.Mr Conolly said "This is an important opportunity for the public to have their final say on the drafting of more than 90 proposed changes to improve strata living including the perennial issues of parking, pets and passive smoking."
"The most important objective of these reforms is to improve strata living, minimise regulatory burden and improve democratic processes. I want to encourage locals to take this opportunity to have their say," Mr Conolly said."New South Wales introduced its first strata laws in 1961. These original laws were designed for small, simple, self-managed blocks of flats and while the laws have been updated over time they do not properly reflect the reality of strata living today.
"Over two million people, accounting for almost 25% of Greater Sydney's population, live in more than 75,000 strata and community schemes across the state, with $350 billion in total assets."Other areas of reform include renewal, renovations, defects, dispute resolution, and model by-laws", Mr Conolly said.
The draft Strata Schemes Management and Strata Schemes Development Bills are open for feedback until 12 August 2015. The two bills will be introduced to Parliament later this year.The draft bills are available at www.fairtrading.nsw.gov.au. Comments and submissions can be made by emailing email@example.com by 12 August 2015.
Author: Kevin Conolly
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