The Consumer, Trader and Tenancy Tribunal (Tribunal) is a specialist, independent, low cost Tribunal for the fair and timely resolution of disputes according to law. Disputes are resolved at a hearing or by alternative dispute resolution.
During the initial period, the owners corporation can apply to the Tribunal for an order to waive, vary or extinguish a restriction about the initial period. This can be whether or not the restriction is imposed by the Strata Schemes Management Act, the Strata Schemes (Freehold Development) Act or the Strata Schemes (Leasehold Development) Act [s. 182].
If the restrictions are not obeyed, the original owner is liable for any debt or loss of the owners corporation or an owner [s. 113 (2) & (3)].