The Unit Titles Bill received its second reading in Parliament last week following review by the Social Services Select Committee.
The Bill is intended to modernise the establishment of unit title developments and the management of these. It repeals and replaces the Unit Titles Act 1972 in response to the growth in apartment style living that has occurred in New Zealand over the last 30 years.
For a link to the Beehive press release on the Bill click here:
http://www.beehive.govt.nz/release/unit+titles+bill+progresses
For a link to information on the Bill contained on the NZ Parliament website click here:
http://www.parliament.nz/en-NZ/PB/Legislation/Bills/7/1/7/00DBHOH_BILL8600_1-Unit-Titles-Bill.htm
For a link to the Unit Titles Bill click here:
http://www.legislation.govt.nz/bill/government/2008/0212/latest/versions.aspx