The Home Building Amendment Bill 2011 discussed in our urgent 14 October 2011 update has been rushed through Parliament. We were advised that 9 November 2011 was the earliest it would be passed. However it was passed without amendment today.

Some of the worst aspects of the Bill will apply as soon as the Governor gives assent to the Bill. Assent is normally given within about a week. However, all owners corporations should be prepared for the possibility that the assent of the Bill will also be rushed through.

Please click here to view the urgent alert.

Please note that this update only focuses on urgent steps that need to be taken to preserve the rights of owners in some circumstances. There are other very disappointing aspects of the Bill that are not issues for immediate action to preserve rights. We will be reporting further on those other aspects in the near future.