New strata schemes regulation from 1 September 2010
The Strata Schemes Management Regulation 2005 was automatically repealed on 1 September 2010 and has been replaced by the Strata Schemes Management Regulation 2010.
The Regulation includes administrative procedures for owners corporations relating to record keeping, insurance, accounts, and a range of other matters. The Regulation also sets the fees payable to owners corporations for searches of records and includes model by-laws for various kinds of strata schemes.
Visit NSW Fair Trading's website for further information about the Strata Schemes Management Regulation 2010.
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