Malaysia legislation
Section 16
of Act 663
Section 16
(2)
One Building Maintenance Account shall be opened for each development area.
Act 663
(3)
Each Building Maintenance Account shall be maintained by the developer until the establishment of the Body for the building.
(4)
The developer shall not open and maintain a Building
Maintenance Account together with any other building outside the development area.
(5)
Where any dispute arises in respect of a Building Maintenance
Account, the Commissioner may resolve the dispute as he deems fit and just.
Duties of developer as to Building Maintenance Account