Consultation open for regulation changes to the Unit Titles Amendment Act
Published 28 Jun 23
Submissions are now open for how to address and implement the The Unit Titles (Strengthening Body Corporate Governance and Other Matters) Amendment Act 2022 regulations.
Te Tūāpapa Kura Kāinga – Ministry of Housing and Urban Development (HUD) has released a discussion document for consultation. The discussion document outlines preferred proposals for addressing and implementing the Amendment Act regulations, including alternative options for consideration.
The Amendment Act aims to provide greater protections for people who buy or own unit title properties. It passed into law last year and most of the changes are already in effect. Three sets of regulations are needed to support some of the remaining changes and will take effect on 9 May 2024. These are:
- the information the regulator can request from a body corporate or body corporate manager.
- rules and procedures for electronic voting and remote attendance at meetings.
- setting rules for deciding legal costs for unit title disputes at the Tenancy Tribunal.
Owners of, and those interested in, unit title properties are encouraged to read the discussion document and submit their feedback via HUD’s website, or by emailing email@example.com. Consultation will be open for six weeks.
Submissions open on 28 June 2023 and close on 4 August 2023.
You can find out more - and make your submission - by visiting the Unit Titles Act 2010 page on the HUD website(external link).