As of 30 June this year, strata schemes must file a return within 3 months of each annual general meeting and pay annual fee of $3.00 per lot, as per the Strata Schemes Management Act 2015. The aim of the Strata Hub is to provide greater transparency, accountability and better regulation and more engagement for owners and residents of strata schemes in NSW.
Information required to be disclosed includes, amongst other things:
- The strata plan number for the strata scheme
- The date of registration of the strata plan for the strata scheme and the number of the community plan
- The address of the parcel of the strata scheme
- The number of lots in the strata scheme used for:
- Residential purposes
- The purpose of a retirement village
- Commercial purposes
- Purposes of a utility lot; and/or
- Other purposes
- The date of the most recent annual general meeting of the owners corporation
- For a class 2 building within the meaning of the Building Code of Australia of the strata scheme – the number of storeys above ground level of the building
- If the Owners Corporation is required to insure the building or part of the building of the strata scheme under the Act – the replacement value of the building or part of the building.
This information, and the additional information in s 43A of the Strata Schemes Management Amendment (Information) Regulation 2021 is to be provided to the Officers of the owners corporation and will be available to anyone searching the Strata Hub. All schemes must be registered on the Strata Hub by 30 September 2022.