#24748
Jimmy-T
Keymaster


    @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. 

    The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.