› Flat Chat Strata Forum › The Professionals › Whatever happened to compulsory appointment by FT? › Current Page
Me thinks Fair Trading doesn’t want the job so the proclamation of 1 Feb 2024 was postponed.
The introduction is by way of Schedule 3 part 28 of the Strata Legislation Amendment Act 2023 No 45, and causes “(e) the Secretary” to be added to part 8 of section 237 of the Strata Schemes Mangement Act. The Secretary being the Commissioner for Fair Trading.
The only official tidbit can be found on the NSW government website – https://www.nsw.gov.au/housing-and-construction/strata/serving-on-a-committee/changes-to-strata-scheme-laws-2023#toc-managing-agents
“The Commissioner for Fair Trading is given standing to seek the appointment of a compulsory managing agent at the NSW Civil and Administrative Tribunal (not yet commenced).”