Mandatory Disclosure Coming Soon
Mandatory Disclosure Coming Soon
Mandatory Disclosure requirements set to commence on 1 November 2010 |
| 11 Aug 2010 |
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| It’s official, the Department of Climate Change and Energy Efficiency has recently announced that disclosure requirements under the Commercial Building Disclosure program (CBD) will commence on 1 November 2010. The Building Energy Efficiency Disclosure Act 2010 commenced on 1 July 2010 and is being implemented through the Commercial Building Disclosure program – a national scheme designed to improve the energy efficiency of Australia’s large office buildings. Under the program, from 1 November 2010 most sellers or lessors of office space of 2,000m2 or more will be required to obtain and disclose an up-to-date energy efficiency rating. There is a transition period for the first year of the program where a valid National Australian Built Environment Rating System (NABERS) Energy base or whole building rating can be disclosed. During the transition period, from 1 November 2010 to 31 October 2011, if a NABERS Rating cannot be issued under the NABERS Validation Protocol the building owner may apply for an exemption. However, it is likely any exemption would be a one-off and those issues preventing a NABERS Rating being provided will need to be rectified in time to produce a Building Energy Efficiency Certificate on or after 1 November 2011. This means building owners should act now to ascertain if any issues are present which may prevent buildings receiving a NABERS Rating, and immediate steps taken to rectify those issues. From 1 November 2011 a full Building Energy Efficiency Certificate (BEEC) will need to be disclosed. BEECs are valid for 12 months, must be publicly accessible on the online Building Energy Efficiency Register, and include: > a NABERS Energy star rating for the building > an assessment of tenancy lighting in the area of the building that is being sold or leased and > general energy efficiency guidance. The NABERS Energy star rating must also be included in any advertisement for the sale, lease or sublease of the office space. For more information contact Doug Binns, General Manager, AE Smith Emerald Sustainable Performance, on 0488 698 160, or find your nearest AE Smith NABERS Accredited Assessor at www.aesmith.com.au |
| Source: www.cbd.gov.au |
