Key Points:
If you're selling or letting large office spaces,
you soon must comply with the Commonwealth Government's
building energy efficiency disclosure laws.
The Commonwealth Government's building energy efficiency
disclosure laws commence in full on 1 November. This means that
many corporations proposing to sell or let large office spaces must
provide not only a NABERS Energy rating but also an assessment of
tenancy lighting in the space being sold or leased and prescribed
energy efficiency guidance.
The basic disclosure obligation
The
Building Energy Efficiency Disclosure Act 2010 (Cth) has been
in force since 1 November 2010, but only in transitional mode.
It's the centrepiece of the Government's Commercial
Building Disclosure (CBD) scheme. Broadly
speaking, the Act requires an owner or a lessee who proposes to
sell or let/sublet for more than 12 months (including options)
either a whole building which is used or capable of being used as
an office
