NSW Legislative Assembly Law and Safety Committee’s inquiry into embedded networks

NSW Legislative Assembly Law and Safety Committee’s inquiry into embedded networks

Embedded Networks
The NSW Legislative Assembly’s inquiry into embedded networks conducted a hearing on Friday, 12 August 2022, with witnesses representing consumer groups, industry and government. It was evident that the Law and Safety Committee is deeply concerned by a number of the issues raised by individual and group submissions to the inquiry, and, as the chair noted, this is a unique situation where even industry is calling for greater regulation. Potential outcomes There are three potential outcomes from this inquiry. These are: NSW follows VIC in implementing regulations to stifle the growth of embedded networks;NSW amends s 132A of the Strata Schemes Management Act 2015 so that all embedded network agreements (as between operators and owners corporations) have a maximum term of 3 years; orNSW waits for the AER to complete…
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