QLD Lot Entitlement Reversals Bill - SSKB - Strata Managers | Community Experts

QLD Lot Entitlement Reversals Bill

On the 19th March 2013 the Queensland parliament passed the Body Corporate a& Community Management Amendment Bill 2012. The Bill reverses certain sections of the BCCMA 1997 by making a number of amendments. Late last year we wrote an article about the proposed amendments and the history behind it. Click here for that article.

Of interest to many strata owners are the provisions to take away the opportunity to force a reversion.  Meaning, bodies corporate that had a change ordered by the Tribunal, which was later changed back to the original contribution entitlements by virtue of the 2011 BCCMA Amendments, can now go back to the first changed entitlements!

Confused?  Have a look at our video which tries to clarify the situation.

[embedplusvideo height=”365″ width=”600″ standard=”http://www.youtube.com/v/z55PBD_-CTI?fs=1&hd=1″ vars=”ytid=z55PBD_-CTI&width=600&height=365&start=&stop=&rs=w&hd=1&autoplay=0&react=1&chapters=&notes=” id=”ep9135″ /]


Related post

Mascot Towers Update – Special Levy
Gardens in Strata
Gardens in Strata
How to buy into Strata in the 2019 landscape
How to buy into Strata in the 2019 landscape

Recent Comments


Roman Galaska On March 28, 2013 | Reply

Cannot view the video………

Leave a Comment

Your email address will not be published.