31 October, 2019 –
The Palaszczuk Government is undertaking significant reform of body corporate regulation, and we want to hear your thoughts.
The consultation draft includes reforms to streamline and modernise body corporate procedures, reduce body corporate costs and enhance protections for unit owners. Some of the key issues addressed include:
- voting rights and procedures (e.g. electronic voting);
- make-up of committees;
- committee meeting rules and procedures;
- documents that original owners must hand over to bodies corporate;
- disclosure by body corporate managers and caretakers;
- financial management of bodies corporate (incl. insurance);
- property management; and
- other administrative matters (e.g. record keeping).
The proposed reforms do not deal with changes to:
- by-laws and by-law enforcement (e.g. smoking in a community titles scheme, towing of vehicles, pets, overcrowding, etc.);
- debt recovery;
- scheme termination;
- seller disclosure; and
- lot entitlements.
These matters will be addressed in a second stage of consultation and reform to the Body Corporate and Community Management Act 1997 itself.
If you live in or own an apartment, unit or townhouse, I encourage you to take a look at the draft regulation and to consider putting in a submission – go to www.justice.qld.gov.au/community-engagement/community-consultation/community-consultation-activities/current-activities/bccm-regulation-consultation
Consultation is open until 1 December 2019.