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Australia: Strata Management Statements and the Strata Schemes Management Act 2015: Inconsistencies in Owners Corporations’ rights (NSW)

/ Owner - August 17, 2023

The case of Walker Corporation Pty Ltd v The Owners – Strata Plan No 61618 [2023] NSWCA 125 highlights the importance of ensuring Strata Management Statements (SMS) are in accordance with the Strata Schemes Management Act 2015 (NSW) (SSMA) and the Strata Schemes Development Act 2015 (NSW) (SSDA). A clause in a SMS that acts to extinguish the rights of the owners corporation to appoint a strata managing agent or to terminate that agent’s services will likely be considered inconsistent with the SSMA and the SSDA and therefore invalid.   Read the article………………………..

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