Unit Titles Act 2010

Overview

The Ministry of Business, Innovation and Employment (MBIE) is seeking your feedback on proposed changes to the Unit Titles Act 2010 (the UTA). The UTA is being reviewed to ensure that the law that regulates unit titles developments is functioning well and is fit for purpose for a growing market. The consultation is targeted at reform proposals that relate to:

• Improving the disclosure regime;
• Strengthening body corporate governance provisions;
• Promoting professionalism in body corporate management;
• Ensuring adequate Long term maintenance plans and funding; and
• Accessibility of the disputes resolution processes.

The consultation period closed on 3 March 2017. A total of 119 submissions were received.