The Victorian Government is seeking views on potential changes to legislation governing owners corporations.

The second stage of the consumer property law review commenced on 17th November with the release of an options paper setting out a range of possible reforms to the Owners Corporations Act 2006.

You can provide your views on the options paper until 16 December 2016.

It responds to public feedback received by Consumer Affairs Victoria during the first stage of the review, on issues relating to owners corporations and their managers, and identifies options for reform in eight areas:

  • regulation of owners corporation managers
  • responsibilities of developers, occupiers and committee members
  • decision-making within owners corporations
  • dispute resolution and legal proceedings
  • differential regulation of different sized owners corporations
  • finances, insurance and maintenance
  • Part 5 of the Subdivisions Act 1988, which provides for the creation of owners corporations, and
  • retirement villages with owners corporations.

The consumer property law review commenced in December 2015 and is examining four key pieces of property legislation: the Sale of Land Act 1962, the Estate Agents Act 1980, the Conveyancers Act 2006 and the Owners Corporations Act 2006.

Two further options papers will be released in coming months, covering reform options for legislation governing estate agents and conveyancers, and the sale of land in Victoria.

Submissions on the options papers released as part of the consumer property law review will inform the government in determining final legislative reforms.

Read the first options paper and make a submission here.

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