Strata premises built before 1980 may contain loose-fill asbestos insulation and owners and tenants of affected residential strata properties may be eligible for financial assistance.
If an accredited laboratory testing facility confirms that a property contains loose-fill asbestos insulation, owners may be able to participate in the NSW Government’s Voluntary Purchase and Demolition Program.
If you own a property that belongs to a strata scheme you cannot participate individually in the Voluntary Purchase and Demolition Program because the scheme as a whole will be impacted should testing confirm the presence of loose-fill asbestos insulation.
Registrations for free testing for loose-fill asbestos insulation have now closed. Strata schemes were required to lodge their intent to register with Fair Trading prior to the 2016 deadline and send the approved special resolution to NSW Fair Trading by 31 March 2017.
If you are concerned that a strata scheme property may contain loose-fill asbestos insulation, you are encouraged to arrange your own testing.
Arrange your own testing
If there is concern that the property contains loose-fill asbestos insulation, the scheme should arrange for an licensed asbestos assessor to conduct a sample test at their own expense. To find out more, go to the Testing for loose-fill asbestos page or search for a Licensed Asbestos Assessor in your area at the SafeWork NSW search page.
Enter your search requirements by selecting "licensed asbestos assessor" and the relevant region in NSW.
Implications for owners if a strata scheme contains loose-fill asbestos insulation
Owners should be aware of the implications of a strata scheme being found to contain loose-fill asbestos insulation. Visit the New Laws page for more information. Owners and tenants of affected properties are potentially eligible for a range of financial assistance under the NSW Government's Voluntary Purchase and Demolition Program.