1 April 2021
Strata Managers as Fiduciaries
A paper by Gary Bugden OAM. April 2021. Preliminaries 1. Coverage In this paper I will consider: what we mean by a “fiduciary”; how to determine if a fiduciary relationship…
The NSW Government is currently seeking feedback on the drafting of the Community Land Management Bill 2019 and the Community Land Development Bill 2019. The Bills represent what will be a complete redrafting of the NSW community scheme laws to align them with the major 2015 strata scheme reforms.
The new laws make community land development more flexible and will provide residents and commercial occupants with modern, flexible and democratic governance arrangements.
Key measures in the proposed new laws include:
The NSW Department of Fair Trading’s web site has more information on the proposed reforms, including links to the drafts bills and the explanatory paper. Click here to access the site.
*Source: NSW Government Department of Fair Trading web site.