17 Oct Body Corporate Law Reform : Release of Final Four Modules
Body Corporate Law Reform : Release of Final Four Modules
In August this year the review of the Body Corporate and Community Management Regulation Modules was released and were opened up for public consultation, the Standard Module Regulation being the first of the Modules to be released.
Earlier this month, the Queensland Government released the draft versions of the final four modules along with the BCCM Regulation 2019 which is set to replace the Body Corporate and Community Regulation 2008 and delves into the prescribed fees for the Body Corporate and Community Management Act 1997. While the replacement regulation does contain the same fees as the existing regulation, it extends the power of the Commissioner for Body Corporate and Community Management to waive particular fees under the Act.
As I have advised in previous articles, the aim of the amended Regulation Modules is to streamline and modernise body corporate procedures, reduce body corporate costs and enhance protections for unit owners and were developed following extensive stakeholder and community consultation following the review of property law in Queensland conducted by the Commercial and Property Law Research Centre of the Queensland University of Technology (QUT) for the Government.
Last month I provided insight into a few of the amendments contained in the Regulation Modules but I invite our owners to have a read through of the consultation drafts of the amended Regulation Modules. Draft regulations, information about the reforms included in the new regulations and how you can have your say can be found on the Department of Justice and Attorney-General community consultation website – www.justice.qld.gov.au/community-engagement/community-consultation
The deadline for submissions on the consultation drafts has also been extended to the 5pm on the 1st December 2019. Should you require clarification on any of the reforms, you are welcome to email our office email@example.com
Simon Barnard is the Managing Director and Principal of Hartley’s Body Corporate Management which is a medium sized strata firm established in 2004 at Sherwood and now operating out of Graceville, Newstead, North Lakes and Bribie Island. Simon is in his 6th year as President of the Board of Strata Community Australia (QLD) and was recently recognised for his service to the industry with a fellowship of the organisation and Life Membership.
Simon also is a past board member on the SCA National Board and is engaged at an International level through many consultative groups and associations. He meets regularly with the Industry Stakeholders group which is convened by the Commissioner for Body Corporate and Community Management and the Office of the Attorney General and actively engages at all levels of government.
Simon has recently been invited to represent the Strata industry on the QLD Government Ministerial Housing Consultative Committee tasked with advising on developing and delivering quality housing outcomes for people and communities. His contributions at an International, National and State level involve working with key stakeholders and government to ensure lot owners, industry employees, suppliers and Bodies Corporate needs are addressed through Government policy reform, education and training.