@PJ said:
I would appreciate some advice as to when the ‘new Act’ come into effect and what are the transitional arrangements, if any?
The last time I spoke to the Minister, he said probably about October this year. Apparently strata industry professionals had asked for more time to get all their literature in order and I know there is still some fine tuning going on regarding voting processes and proxies..
As far as transitional arrangements go, everything that’s in place in a strata scheme (committees, contracts and so on) will remain until that scheme has its first AGM after the Bill becomes law.