Body corporate legislation that governs developments – including Noosa Springs – are under review and lot owners are being asked for their say on proposed changes.
Noosa MP Glen Elmes said the State Government had engaged QUT’s Commercial and Property Law Research Centre to review two aspects of property law.
One review is looking at whether lot owners and body corporates, including those at Noosa Springs which are governed under the Building Units and Group Titles Act 1980 (BUGT Act), would be better off under the newer Body Corporate and Community Management Act 1997 (BCCM Act).
This review considers BUGTA to be an out-of-date law that provides less protection for lot owners than the BCCM Act and does not reflect best practice standards.
Two areas that could be significantly affected by changes are dispute resolution and body corporate procedures.
In the second review, QUT has conducted public consultation on the BCCM Act and made 64 recommendations to the State Government. The BCCM Act is more widespread affecting 46,630 community titles schemes across Queensland.
The review says the recommendations are intended to streamline processes, make decision making more transparent, improve legal compliance and increase consumer protection. Anyone with an interest in community title schemes is invited to have a say on these recommendation until Friday 6 October.
Lot owners can have their say on changes to the BUGT Act until Friday 22 September.
For more information visit www.justice.qld.gov.au or for assistance contact Mr Elmes’ office on 5319 3100.