On 22 March 2020, the Australian Government announced a further economic response to the Coronavirus that will effect levy recoveries.

That response includes changes to personal and corporate insolvency laws which will have a dramatic impact on the way overdue strata levies are recovered.

In this paper we provide we explain:

• A Snapshot of the Changes to Levy Recovery Practice
• An Overview of those Changes
• Details of the Ramifications of the Changes
• Information about Payment Plans
• Information about Template Payment Plan Documents

After reading this paper Levy Recovery Practice Changes Due to Coronavirus if you would like a copy of our ‘template payment plan documents’ and/or would like assistance with managing your levy recovery payment plans please email jsmmarketing@muellers.com.au

For NSW strata legal, building defect or levy collection advice please contact us here or call 02 9562 1266, we’re happy to assist.

The Coronavirus has presented new and fundamentally different challenges to strata managers and owners corporations.

The most dramatic and short-term impact of Coronavirus on the strata industry is the affect it has had on the ability of strata managers to engage in face to face meetings with strata committees and lot owners and work from their office.

But there are other impacts the Coronavirus has had and will be likely to have on the strata industry. 

In this article we take a look at some of those impacts:

• General Meetings
• Strata Committee Meetings
• By-laws
• Health and Safety
• Service Contracts
• Public Relations
• And more…

What can you do? Strata Managers and the Coronavirus: Here’s What You Can Do

For NSW strata legal, building defect and levy collection advice contact us here or call 02 9562 1266, we’re happy to assist.

We value your business, but even more importantly, your health and wellbeing.

For that reason, and in an effort to prevent spreading the Coronavirus (COVID-19), we have decided to postpone our upcoming Strata Managers’ Forum ‘Strata 2020 and Beyond’.

The event which was due to be held on Monday 23 March 2020 will be rescheduled at an appropriate time in the future.

All amounts paid for tickets for the event will be refunded.

The Coronavirus has presented new and fundamentally different challenges to strata managers and owners corporations and these will be the subject of a newsletter we will send you shortly.

Thank you for your understanding in these challenging times.

Adrian Mueller I Partner I JS Mueller & Co Lawyers

If you have any questions regarding the Forum you may contact our office.

For NSW strata legal, building defect or levy collection advice please contact us here or call 02 9562 1266, we’re happy to assist.