© Copyright 2012 TEYS Lawyerswww.teyslawyers.com.au

Changes to the Owners Corporation Act 2006

A Client Information Session 30 October 2012

© Copyright 2012 TEYS Lawyerswww.teyslawyers.com.au

Owners Corporation Act 2006 is the source of all power which is delegated not abdicated

(Default Delegation)

Committee

(Specific Delegations)

Manager

Lot Owner

Chairperson

Secretary

OC Employee

Owners Corporation (All Lot Owners)New S. 11 (1)

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Managers must work to harmonised consumer laws

Australian Consumer Law 2012

Owners Corporation Act 2006

Owners Corporation Manager

• Unfair Terms• Unconscionable Conduct• Misleading & Deceptive

Conduct

• Honesty & Good Faith• Due Care & Diligence• Fiduciary Duties• Conflicts & Disclosure

© Copyright 2012 TEYS Lawyerswww.teyslawyers.com.au

Most internal conflicts relate to lot boundaries

Exterior Face BoundaryMedian Boundary

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About the PresenterMichael Teys is the Founder and Principal Lawyer of TEYS Lawyers. He has a

Bachelor of Laws and practices exclusively in the area of strata and community

title law. He is a Fellow of the Australian College of Community Association

Lawyers. He was formerly an Adjunct Lecturer with Charles Sturt University. He

has also been the CEO of a publicly listed company and one of Australia’s

largest strata management companies managing over $8B of residential and

commercial property. Michael appears weekly on SKY News Business Channel's

Property Success with Margaret Lomas and is a regular panellist for the property

edition of Your Money, Your Call for the same channel. You can read Michael’s

blog at www.michaelteys.com and follow him on Twitter at @MichaelTeys.com

Teys Lawyers practice nationally in strata and community title law representing owners corporations,

bodies corporate and apartment owners. The firm’s practice groups include building defects, strata

community disputes, strata title property law, by-law / rules and levy / fee collection.

TEYS Lawyers provide an entirely cloud based working platform for their team. The firm provides flexible

working arrangements and has remote working locations in Queensland and Victoria.