New Disclosure Obligations for Strata Managing Agents
Strata Managing Agents Legislation Amendment Bill 2024
1st House
2nd House
Law
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
Strata managing agents must report connections to suppliers or original owners at the annual general meeting.
The report must cover the preceding 12 months.
Agents must disclose if a supplier of goods or services for the strata scheme has become connected to them.
Strata managing agents must report connections to suppliers or original owners at the annual general meeting.
This report must cover any connections made during the previous 12 months.
The Community Land Management Regulation 2021 is updated to match these strata rules.