New South Wales Consolidated Regulations

STRATA SCHEMES MANAGEMENT REGULATION 2016

- Made under the Strata Schemes Management Act 2015
- As at 8 November 2024
- Reg 501 of 2016

TABLE OF PROVISIONS

   PART 1 - PRELIMINARY

   1.      Name of Regulation
   2.      Commencement
   3.      Definitions

   PART 2 - OWNERS CORPORATIONS AND STRATA COMMITTEES

   3A.     Definition
   4.      Functions that may only be delegated to strata committee member or strata managing agent
   5.      Agenda for first AGM
   6.      Documents and records to be provided to owners corporation before first AGM
   7.      Tenant representatives: section 33 of Act
   8.      Vacation of office by tenant representative
   9.      Election of strata committee
   10.     Ballot for strata committee
   11.     Nominations for officers of strata committee
   12.     Priority votes--owners corporation
   13.     (Repealed)
   14.     Ways of voting
   14A.    Pre-meeting electronic voting
   14B.    Reasonable steps
   15.     Electronic ballot paper for pre-meeting electronic voting
   16.     Informal votes in pre-meeting electronic voting
   17.     Ascertaining result of pre-meeting electronic voting
   17A.    Electronic affixing of seal of owners corporation
   17B.    Requirements for strata managing agent for seal affixed electronically

   PART 3 - FINANCIAL MANAGEMENT

   18.     Payment plans for unpaid contributions: section 85(6) of Act
   19.     Notice of recovery action for unpaid contributions, interest or expenses
   20.     (Repealed)
   21.     Calculation of annual budget
   22.     Accounting records
   23.     Levy register
   24.     Receipts
   25.     Limits on spending by owners corporations
   26.     Approval for legal services costs

   PART 4 - PROPERTY MANAGEMENT

   27.     Common property memorandum
   28.     Minor renovations by owners
   29.     Initial maintenance schedule: section 115 of Act
   30.     Window safety devices
   31.     Notification by owners of window safety devices
           32-34. (Repealed)

   PART 5 - BY-LAWS

   35.     By-laws for schemes before Strata Schemes Management Act 1996
   36.     Occupancy limits--exception
   36A.    Keeping of animals--circumstances of unreasonable interference
   37.     Model by-laws

   PART 6 - INSURANCE

   38.     Approved insurers
   39.     Manner of calculation of insurance limit under damage policy
   40.     Insurance amount

   PART 7 - RECORDS AND INFORMATION ABOUT STRATA SCHEMES

           Division 1 - Records

   41.     Electronic voting records
   42.     Inspection of records

           Division 2 - Information--the Act, s 271(2)(o) and (2A)

   43.     Owners corporations to give information annually
   43A.    Information required for purposes of clause 43
   43B.    Owners corporations to correct information given
   43C.    Disclosure of information by Secretary

   PART 8 - BUILDING DEFECTS

           Division 1 - Interpretation

   44.     Interpretation
   44A.    Building work excluded from the Act, Part 11--the Act, s 191

           Division 2 - Building inspectors, inspection reports and rectification

   45.     Persons qualified to be appointed as building inspectors
   45A.    Register of members of strata inspector panel
   45B.    Secretary's guidelines
   45C.    Conditions imposed on building inspectors by Secretary
   45D.    Liability of professional associations in respect of accreditation and other functions
   45E.    Nomination of building inspector for approval of owners corporation
   46.     Disclosure of previous employment by developer
   46A.    Documents to be provided to building inspector by developer
   47.     Interim reports: section 199(2) of Act
   48.     Final report: section 201(2) of Act
   49.     Notice to owners of reports: section 202(3) of Act
   49A.    Reasons enabling appointment of new builder to rectify defects

           Division 3 - Building bonds

   50.     Contract price for determining building bond
   51.     Maturity dates for building bond
   52.     Additional documents to be lodged with building bond
   53.     Application to pay amount secured by building bond to owners corporation
   54.     Amount of building bond
   54A.    Time within which building bond is payable
   55.     Payment of building bond
   55AA.   Cancellation of building bond

           Division 3A - Decennial insurance

   55A.    Decennial insurance criteria
   55B.    Notice of intention to take out decennial insurance to be given to Secretary
   55C.    Certificate of currency for decennial insurance to be given to Secretary before application for occupation certificate is made

           Division 4 - Miscellaneous

   56.     Review of decisions

   PART 9 - ALTERNATIVE DISPUTE RESOLUTION

   57.     Application of Part
   58.     Directions of Secretary
   59.     Attendance and representation
   60.     Costs
   61.     Termination

   PART 10 - MISCELLANEOUS

   62.     Connected persons
   63.     Limit for gifts to strata managing agents
   64.     Fees
   65.     Penalty notice offences and penalties
   66.     Seals of owners corporations--savings provision
   67.     Amendment of Act: clause 1(5) of Schedule 3 to Act
   68.     Amendment of Act: clause 1(5) of Schedule 3 to Act
   68A.    (Repealed)
   68B.    Pre-meeting electronic voting--transitional arrangement

   PART 11 - (Repealed)
   None
           Schedule 1 (Repealed)
           SCHEDULE 2
           SCHEDULE 3
           SCHEDULE 4
           SCHEDULE 5