After 1 July 2017, disclosure affected buildings or tenancies of 1000 square metres or more that are offered for sale or lease will require a Building Energy Efficiency Certificate (BEEC). BEECs are issued by the Department of the Environment and Energy before the building or tenancy is put to market.
The BEEC includes:
- a National Australian Built Environment Rating System (NABERS) Energy star rating for the building; and
- a Tenancy Lighting Assessment for the relevant areas of the building.
BEECs are valid for up to 12 months and are publicly accessible on the online Building Energy Efficiency Register.
You will need to engage an accredited assessor to undertake the assessments and lodge the application for a BEEC on your behalf, and they will ask you for your building’s previous year’s electricity and gas bills.
The NABERS Energy star rating must appear on all forms of advertising material for the building.
Compliance of the program is monitored and penalties apply to sellers, lessors and their agents who do not comply with their disclosure obligations under the Act. More information on the assessment process can be found at http://cbd.gov.au/how-do-i-comply/overview-of-the-process.
Building owners are encouraged to seek independent legal advice to understand their disclosure obligations under the CBD Program. Some owners and lessors of smaller commercial office buildings may not have heard of the CBD program, and may not be aware of their obligations.
An overview of the CBD Program can be downloaded as a slide pack.