A modern and effective consumer law framework

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Consumer Property Law Review

A sweeping review of consumer property laws has been underway since August 2015. The laws under review include the Sale of Land Act 1962, Estate Agents Act 1980, Conveyancers Act 2006 and the Owners Corporation Act 2006. Each of these Acts affects the way people buy, sell and manage their property.

The review provided an avenue for Victorians to comment on how legislation governing these activities is working and where improvements could be made.

The first stage of the review was completed in 2016 and involved public consultation on three issues papers, with over 200 submissions and comments received. These covered matters relating to the:

  • conduct of licensed estate agents, conveyancers and owners corporation managers
  • management of owners corporations
  • sale of land process.

The second stage of the review was completed in May this year and involved the release of three options papers, to which over 140 stakeholders responded. Feedback received on the options papers will assist government to determine what changes to consumer property laws should be pursued.

Acts passed

Name

Date of royal assent

Estate Agents Amendment (Underquoting) Act 2016 2 November 2016
Consumer Acts Amendment Act 2017 10 May 2017

 

Regulations commenced

Name

Date commenced

Retirement Villages (Contractual Arrangements) Amendment Regulations 2016
1 July 2016
Conveyancers (Qualifications, Experience and Fees) Amendment Regulations 2016  19 July 2016
Subordinate Legislation (Retirement Villages (Contractual Arrangements) Regulations 2006) Extension Regulations 2016 29 July 2016
Estate Agents (Retirement Villages) Regulations 2016 31 July 2016
Residential Tenancies Amendment Regulations 2016
30 September 2016
Residential Tenancies Further Amendment Regulations 2016 30 September 2016
Australian Consumer Law and Fair Trading (Code of Practice for Fuel Price Boards) Regulations 2016
30 November 2016
Motor Car Trader Amendment Regulations 2017 3 April 2017
Domestic Building Contracts Regulations 2017  22 April 2017, Reg 14: 26 April 2017, Reg 6: 1 August 2017
Rooming House Operators Regulations 2017 26 April 2017
Residential Tenancies Amendment (Notices to Vacate for Rooming Houses) Regulations 2017 26 April 2017

 

Regulations revoked

Name

Date revoked

Estate Agents (Retirement Villages) Regulations 2006 31 July 2016
Domestic Building Contracts Regulations 2007
22 April 2017