The NSW Government has released draft regulations that will go before parliament with the view to amend the existing regulations and enact the Strata Schemes Management Regulation 2010.

The new regulations propose to introduce more flexibility with respect to service of notice (i.e by email), flexibility with respect to washing on balconies and legal services in respect of debt recovery will be exempt from the requirement to pass a special resolution at a general meeting.

To learn more about these developments, please see the PDF on the Fair Trading Website otherwise, contact our office for a draft copy to be issued to you.