By 2020, it is estimated that over half the population of NSW will either live or work in strata buildings. In consideration of this trend, the NSW government has introduced extensive (more than 90) reforms to the current strata laws. The new legislation is expected to commence in the second half of 2016 – Are you ready? The Strata Schemes Management Act 2015 (Act) was originally expected to commence on 1 July 2016, however, the draft regulations have not yet been released so we now expect it to commence later in 2016. Read the article…………
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