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Snapshot

  • The Strata Schemes Legislation Amendment Bill 2024 (NSW) implements a suite of impactful changes for the governance of strata and community schemes.
  • Amongst other things, the Fair Trading Commissioner will gain broad powers and onerous duties will be imposed on committees, and building and facilities managers.
  • This article will outline and summarise the key elements of the reform for which strata lawyers should begin preparing for now.

The Strata Schemes Legislation Amendment Bill 2024 (NSW) (‘the Bill’) is the latest tranche of the statutory review of our State’s strata title legislation. The Bill received assent on 2 March 2025. The changes are expected to be rolled out from mid-2025.

The new legislation will bring a wealth of changes to our strata and community title schemes, giving effect to a further 37 recommendations raised during the 2021 review. These follow earlier stop-gap reforms relating to disclosures by strata managing agents and building managers in effect as of 3 February 2025. The new changes aim to improve accountability and confidence in strata managing agents and building managers.

This article outlines the key changes which will have a significant effect on the approximately 1.2 million NSW residents who live in strata communities.

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