The objective of the reform is to tackle barriers to energy efficiency investments by amending the Condominium Ownership Management Act to facilitate the decision-making by owners of multi-apartment buildings; to regulate the professional management of condominium property in multi-apartment buildings; and to facilitate the application for collective loans to different financial institutions. The amendments shall be coordinated with related changes to other pieces of primary and secondary legislation. The implementation of the measure is expected to contribute to the efficiency of energy efficiency investments in building renovation. The implementation of the reform shall be completed by 30 September 2022.
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