NSW Strata Reform Update: Four Point Plan For Levy Recoveries

A new strata schemes management act and regulation are expected to commence later this year. The new laws will not provide much assistance in relation to levy recovery. However, some changes have been made, which will in turn necessitate changes to forms and procedures. There are no transitional provisions in relation to levy recovery, so strata managers need to be ready to deal with the new rules when they commence.   Read the article…………