The NSW government’s draft laws are in consultation with the Owners Corporation Network and Strata Community Association and will be considered by parliament later this year.
Owners Corporation Network Executive Director Karen Stiles said many owners were in “a world of pain” thanks to limited regulation over the sector.
“We certainly welcome more stringent regulation of strata managing agents and service providers, including building managers,” she said.
Read submission:> OCN Submission – Strata Managing Agents Legislation Amendment Bill July 2024
Related content:> https://ocn.org.au/strata-reforms-send-bills-soaring-from-just-5000-to-60000/