Due to the pandemic, temporary COVID-19 measures were legislated to support financial relief under the BCCM act. The BCCM Act provides for the expiry date of these temporary financial relief measures, the COVID-19 legislation expiry day has been moved to the 30th of April 2022 (or another day prescribed by regulation as the COVID-19 legislation expiry day).
The following are some of the temporary measures which have been extended under the COVID-19 Emergency Response regulation:
- The ability for a body corporate to charge penalty interest to owners for late payment of levies that was frozen until 1 April 2021 has been extended to 30th of April 2022.
- The committee can decide to extend the due date of the payment of contributions (levies) to a day no later than the end of the financial year. The committee must consider the body corporate’s ability to meet reasonable expenditure when this decision is made.
- If electronic voting has not been approved for your scheme, committees may allow voters to vote electronically and attend meetings remotely to ensure that health directives are being met.
- To comply with health directives, committees have been granted the authority to restrict access to common property.
- A body corporate search may be provided electronically to an interested party once the relevant fees have been paid.
Should you have any questions, please contact your Community Relationship Manager or call our main office on 1300 655 751 and our receptionist will transfer you to your manager.