Public submissions opened on the Regulatory Systems (Building & Housing) Amendment Bill on Friday and close on Friday 2 December. Overall, the aim is to remove unnecessary compliance & business costs.
Coromandel MP Scott Simpson, who chairs Parliament’s local government & environment committee, said: “This proposed law seeks to avoid regulatory failure by updating existing legislation to improve effectiveness & efficiency in the areas of building & housing.”
The bill is one of a package of 3 omnibus bills updating legislation administered by the Ministry of Business, Innovation & Employment and is intended to clarify and reduce unnecessary compliance burdens by updating the Unit Titles Act 2010 in relation to:
- unit plans
- body corporate operational rules
- reassessment of ownership interests & utility interests
- the registration of easements & covenants
- leases & licences of common property, and
- extraordinary general meetings of body corporates.
It’s also intended to improve the quality of the Building Act 2004 by updating cross-referencing errors and repealing a redundant provision.
Attribution: Committee chair’s release.