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This bill strengthens protections for owners in older Queensland multi-owner developments (unit blocks, townhouses, mixed-use complexes) that are still governed by laws from the 1980s and 1990s. It brings these older body corporate laws closer into line with the more modern Body Corporate and Community Management Act 1997 by improving governance standards, financial transparency, and dispute resolution. It also enables the Office of Fair Trading to issue infringement notices for gift card breaches.