NSW residential developers are no longer required to implement the defects bond scheme from 1 July 2017. The NSW Parliament today passed the Electronic Transactions Legislation Amendment (Government Transactions) Bill 2017, which delays until 1 January 2018 the commencement of the NSW Strata Defects Regime set up under Part 11 of the Strata Schemes Management Act 2015. Read the article…………..
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