The Queensland Government has finalised a modernised set of body corporate regulations to take effect from 1 March 2021.
Announcing the regulations, Attorney-General and Minister for Justice Yvette D’Ath said that they would “streamline and modernise body corporate procedures, reduce body corporate costs and enhance protections for unit owners”.
The release of the regulations follows widespread industry consultation and the property law review undertaken by the Queensland University of Technology.
The new regulations will:
- facilitate electronic voting and attendance at meetings, including the use of ‘live’ electronic voting and remote personal attendance by teleconference or videoconference
- facilitate use of email and other forms of electronic communication for the exchange of information and documents within bodies corporate
- clarify and improve the list of documents that original owners (developers) must provide to the body corporate to facilitate effective governance of the scheme, and
- encourage early identification and remedy of building defects by requiring a body corporate to consider a motion to prepare a defect assessment report at its second annual general meeting.
The regulations are largely uniform across the body corporate regulatory framework, applying to the standard module, specified two-lot schemes, small schemes, commercial modules and accommodation modules. Each of the five regulation modules have been updated.
For more information please see the regulations below and the explanatory materials available here:
- Body Corporate and Community Management (Standard Module) Regulation 2020
- Body Corporate and Community Management (Specified Two-lot Schemes Module) Amendment Regulation 2020
- Body Corporate and Community Management (Small Schemes Module) Regulation 2020
- Body Corporate and Community Management (Commercial Module) Regulation 2020
- Body Corporate and Community Management (Accommodation Module) Regulation 2020