Strata Schemes Management Act 2015 (New South Wales)
Owners corporation, strata committee and strata managing agent duties under the New South Wales Strata Schemes Management Act 2015: financial management, common property repair, by-laws, insurance, records, and the developer building defects bond scheme. The rest of the Act is not built. The supplied crawl folder was mislabelled as Victorian; this is the New South Wales Act.
Strata Schemes Management Act 2015 (New South Wales) is a compliance framework from Australia: New South Wales with 6 domains and 14 controls. The largest domains are Part 5: Financial management – Strata Schemes Management Act 2015 (New South Wales) (4 controls), Part 11: Building defects – Strata Schemes Management Act 2015 (New South Wales) (3 controls), Part 10: Records and information – Strata Schemes Management Act 2015 (New South Wales) (2 controls). Every control below carries what it requires and what an assessor expects to see.
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Framework Domains (6)
Part 10: Records and information – Strata Schemes Management Act 2015 (New South Wales)
| Code | Title |
|---|---|
| strata-schemes-management-act-2015-new-south-wales::s176-180 | ss 176 to 180 Strata roll and record retention |
| strata-schemes-management-act-2015-new-south-wales::s182-183 | ss 182, 183 Inspection of owners corporation records |
Part 11: Building defects – Strata Schemes Management Act 2015 (New South Wales)
| Code | Title |
|---|---|
| strata-schemes-management-act-2015-new-south-wales::s191-198 | ss 191 to 198 Building work covered, and the developer's duty to appoint a building inspector |
| strata-schemes-management-act-2015-new-south-wales::s199-206 | ss 199 to 206 Interim and final inspection reports, and rectification of defects |
| strata-schemes-management-act-2015-new-south-wales::s207-210 | ss 207 to 210 The building bond and its use |
Part 5: Financial management – Strata Schemes Management Act 2015 (New South Wales)
| Code | Title |
|---|---|
| strata-schemes-management-act-2015-new-south-wales::s79-81 | ss 79 to 81 Fund estimates, the 10-year capital works fund plan, and setting contributions |
| strata-schemes-management-act-2015-new-south-wales::s83-86 | ss 83 to 86 Levying and recovering contributions |
| strata-schemes-management-act-2015-new-south-wales::s92-95 | ss 92 to 95 Financial statements, statement of key financial information and audit |
| strata-schemes-management-act-2015-new-south-wales::s96-99 | ss 96 to 99 Accounting records, receipts, transaction records and the levy register |
Part 6: Property management (common property) – Strata Schemes Management Act 2015 (New South Wales)
| Code | Title |
|---|---|
| strata-schemes-management-act-2015-new-south-wales::s106 | s 106 Duty of owners corporation to maintain and repair property |
Part 7: By-laws – Strata Schemes Management Act 2015 (New South Wales)
| Code | Title |
|---|---|
| strata-schemes-management-act-2015-new-south-wales::s133-141 | ss 133 to 141 By-laws: establishment, compliance, content and restrictions |
| strata-schemes-management-act-2015-new-south-wales::s146-147 | ss 146, 147 Enforcement of by-laws |
Part 9: Insurance – Strata Schemes Management Act 2015 (New South Wales)
| Code | Title |
|---|---|
| strata-schemes-management-act-2015-new-south-wales::s160-161 | ss 160, 161 Owners corporation to insure the building, and requirements for the damage policy |
| strata-schemes-management-act-2015-new-south-wales::s166 | s 166 Strata managing agent to obtain insurance quotations |
What is Strata Schemes Management Act 2015 (New South Wales) and who does it apply to?
Strata Schemes Management Act 2015 (New South Wales) is a compliance framework from Australia: New South Wales with 6 domains and 14 controls. Owners corporation, strata committee and strata managing agent duties under the New South Wales Strata Schemes Management Act 2015: financial management, common property repair, by-laws, insurance, records, and the developer building defects bond scheme. The rest of the Act is not built. The supplied crawl folder was mislabelled as Victorian; this is the New South Wales Act. It is used by organisations to establish and maintain compliance with industry standards and regulatory requirements.
What does Strata Schemes Management Act 2015 (New South Wales) actually require?
Strata Schemes Management Act 2015 (New South Wales) has 14 controls organised across 6 domains. The largest domains are Part 5: Financial management – Strata Schemes Management Act 2015 (New South Wales) (4 controls), Part 11: Building defects – Strata Schemes Management Act 2015 (New South Wales) (3 controls), Part 10: Records and information – Strata Schemes Management Act 2015 (New South Wales) (2 controls). Each control defines specific requirements that organisations must implement to achieve compliance.
If I already comply with another framework, how much of Strata Schemes Management Act 2015 (New South Wales) do I already cover?
Strata Schemes Management Act 2015 (New South Wales) does not currently have cross-framework mappings in our system. Check back as we continuously expand our mapping database.
How do I implement Strata Schemes Management Act 2015 (New South Wales)?
Start your Strata Schemes Management Act 2015 (New South Wales) compliance journey by running a self-assessment on our platform to identify your current compliance posture. Our AI advisory can answer specific questions about Strata Schemes Management Act 2015 (New South Wales) requirements, and cross-framework mapping helps you leverage existing controls from other frameworks you may already comply with. Create a free account to access all 14 controls and track your progress.
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