NSW FAIR Trading will host a free public information seminar in Bathurst on September 29 to provide owners, tenants and strata and property managers with information about the new strata laws which come into effect on November 30.
The NSW government says the laws will empower owners and tenants in strata schemes to shape their community rules to work for modern life; improve the accountability of strata managers; establish a transparent process for the collective sale and renewal of strata schemes; and introduce a simpler, clearer process for dealing with disputes.
The strata laws are supported by the Strata Schemes Development Regulation, released by NSW Fair Trading in August, and the Strata Schemes Management Regulation due to be released later this year.
These regulations include measures to reduce red tape, such as simplified financial statements for owners, and a clearer process for renovations that removes the need to gain approval for cosmetic work such as installing or replacing hooks, nails or screws for hanging of paintings and other things on walls, installing or replacing handrails, painting, and laying of carpet.
The seminar will be held at Bathurst RSL, 114 Rankin Street.
More information and a copy of the regulation can be found at: www.fairtrading.nsw.gov.au
