The Malta Development Association on Thursday welcomed the reform the government is planning for the Condominium Act, but requested to have a stronger presence in the process.
In a statement, the MDA said it welcomed the government’s commitment to amend the current legislation given that a legislative intervention to address the current realities and the difficulties faced by administrators and residents of condominiums was long overdue.
In fact, MDA said it has been a key player in this reform process through its Condominium and Building Management Section which was specifically set up in 2022 to prepare a comprehensive proposal for Condominium Law reform to be presented to the responsible Ministry.
The Condominium and Building Management Section carried out extensive consultation with various stakeholders and authorities and published its proposal on 3rd August 2023.
The MDA is pleased to note that most of its key proposals have been accepted by the government and incorporated in the White Paper published today. However, the MDA calls for more effective involvement of its Condominium and Building Management Section in the process being carried out by the government, given that its Section is the only representative body of operators and industry experts in Malta.
This will ensure that several other valid proposals made by the Section are implemented to raise the standard of service in the industry in the interest of both operators and residents who live in condominiums.