Big Changes for Bodies Corporate and their managers
Members will recall that this Amendment Act first started as an initiative of Nikki Kaye, member of Parliament for Auckland Central some many moons ago. BCCG was initially represented on the working group by the late David Watt and latterly by myself.
I would commend you to read the article Dentons Kensington Swan as it is an excellent synopsis of the new legislation. There are a lot of new and important changes to the main UTA 2010.
BCCG will be presenting material on the various parts of the Amendment Act over time. One such presentation was made in Auckland on the 18th of May 2022 to the Auckland Branch on Body Corporate Committee Code of Conduct and Conflict of Interest. More of these presentations will follow at Branch meetings or webinars
In the meantime, the Act is not in force as such as it will only come into force either two years from the date of Royal Assent which will be May 2025 or such earlier date by Order in Counsel.
BCCG has been supporting the working group to make submissions to the Ministry of Housing and Urban Development on the timetable for the coming into force of various parts of the Act. This is currently a work in progress and once we know exactly which parts of the Act will be in force and when, we will provide further information to our members. One part that will inevitably come into force soon will be the ability to hold general meeting by audio-visual as well as in person (hybrid meetings) and voting. Those sections will replace the temporary amendments to the Act put in place under the Covid legislation in 2020.
If anyone has any questions at all about any aspect of the Amendment Act do not hesitate to call a member of the BCCG Executive, or Michelle Hill or Oliver Hobbs the authors of the article.
BCCG National President