From 1 March 2021, the new Body Corporate Regulations will come into effect in Queensland. The new Regulations seek to:

• modernise body corporate procedures;
• reduce body corporate costs; and
• enhance protection for home unit owners.

 

The Regulations reflect a strong push for effective electronic communication between unit owners and their body corporate. The changes include:

• electronic voting and attendance at meetings by platforms like Zoom; and
• using email and other forms of electronic communication to exchange information and documents within the body corporate such as between a unit owner and their body corporate manager.

 

Other features of the new Regulations include:

• a requirement for body corporate managers and caretaking contractors to disclose any benefit received from entering a contract;
• clarifying and improving the list of documents that original owners (developers) must provide to the body corporate for better governance; and
• requiring a body corporate to consider a motion at its second AGM to prepare a defect assessment report to encourage early identification and remedy of building defects.

 

For further information on how these new regulations will impact your rights and/or obligations, please feel free to call Tom Trembath Jnr, Partner at Bell Legal Group.

 

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Please note that this article has been prepared by Bell Legal Group, for information purposes only. It is not legal advice nor should it be relied upon as such.