What is a By-law?
By-laws are a legislative set of rules and regulations that govern how a strata scheme or strata corporation operates. Their purpose is to regulate the behaviour and use of common property and individual lots within the strata scheme. Their aim being to maintain harmony, order, and fairness among residents.
There are two main types of by-laws:
1. Model By-laws provided under the Strata Schemes Management Act 2015 in New South Wales (NSW) cover common issues like noise, pets, parking, and the use of common property.
2. Special By-laws are additional and customized by-laws which address specific issues or circumstances unique to their strata scheme.
By-laws must be approved by a special resolution at a general meeting of the owners corporation and, once approved and registered within 12 months, they are legally binding.