Send us your by-law dilemmas and questions!

Accomnews is working on a new series of articles that will provide expert solutions to problems posed by by-law confusion.

In the meantime, strata laws require all schemes to review their by-laws by November 30 2017.

Tennant Co ANAU Mid Article 300×250
With the deadline fast approaching, now is the time for schemes to organise a meeting of the owners corporation to review their by-laws (if your scheme has not already done so).

This is a chance for owners to consider whether their existing by-laws are still suitable or if changes are needed to improve the scheme’s operation. You can adopt any or all of the model by-laws, or simply use them as a guide when making by-laws that suit your scheme.

If, as a result of the review, your scheme proposes changes to the by-laws, these must be put to a special resolution vote at a meeting of the owners corporation. The new by-laws must also be registered with the NSW Office of the Registrar General within six months after the special resolution has been passed. This can be done by lodging a Consolidation/Change of By-laws form. Tenants must also be informed of any change in by-laws.

If no changes are needed as a result of the review of your scheme’s by-laws, nothing further needs to be done.

About accomnews

accomnews

Check Also

Still selling rooms? Here’s how to start selling an experience

One of the most frequently uttered accommodation marketing catchphrases of recent years has been 'selling experiences', but while many marketers talk the talk, more than a few are a long way from truly walking the walk.

New awards to showcase $55.5b management rights industry

Awards designed to showcase an industry generating $55.5 billion for the economy each year have been launched by The Australian Resident Accommodation Managers Association.

Flagship NSW developments aimed as cashing in on events market

Wagga Wagga, the city which topped Airbnb's list of most in-demand growth locations for 2018, will be home to a new IHG Holiday Inn from 2021 designed as an events and dining destination.

Leave a Reply

Your email address will not be published. Required fields are marked *