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ARTICLE · 15 OCTOBER 2011

Building Energy Efficiency Disclosure Requirements for Owners Tenants: commences 1 November 2010

Hunt & Hunt
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A compulsory disclosure scheme on corporations that are owners or tenants of buildings applies from Implementation Day.

AustraliaReal Estate and Construction
Bill Hazlett
Bill Hazlett
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The energy efficiency disclosure provisions under the Building Energy Efficiency Disclosure Act 2010 ("Act") came into force on 1 July 2010. However the disclosure obligations do not begin until 1 November 2010 which is the Implementation Day.

Who does the Act apply to?

The Act establishes a compulsory disclosure scheme on corporations that are owners or tenants of buildings, and parts of buildings, that are used or capable of being used as offices and which exceed the net lettable area threshold of 2,000 square metres or more.

Corporations that are owners or tenants must disclose the energy efficiency of their buildings, or parts of buildings, that exceed the net lettable area threshold when either selling or leasing.

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