People looking to invest in Belconnen and Gungahlin real estate will benefit from a new set of construction laws that came into effect recently.
The Construction and Energy Efficiency Legislation Amendment Bill 2013 was passed on August 13, with the purpose of upholding stringent construction standards in Canberra and protecting the city's residents from "substandard construction practices".
The bill will effectively give the government greater power to deal with poor quality construction in Canberra, according to an August 13 news release.
"Before today, the Construction Occupations Registrar could only consider whether an applicant would be eligible to be licensed based on training and competency, and whether the applicant was disqualified in the ACT only," explained Simon Corbell, minister for the environment and sustainable development.
"Under the changes, the Registrar will be able to refuse a grant or renew a license if a person has a history of non-compliance in other states or territories as well."
This is great news for those who plan to buy Belconnen real estate in the future, as they can be assured of a property that has been built to the highest standards and regulated by the government.