Malaysia legislation
Section 7
Section 7
(a)
vacant possession of a parcel in the building or land intended for subdivision into parcels has been delivered by the developer to a purchaser; and
Act 757
(b)
at the time of delivery of vacant possession of the parcel, the management corporation has not come into existence.
(2)
In this Part, “developer’s management period” means the period commencing from the date of delivery of vacant possession of a parcel to a purchaser by the developer until one month after the establishment of the joint management body or such other time as may be extended by the Commissioner.
Allocated share units