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This law · s 20
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This law · s 20
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
No person shall at any time collect any charges from any purchaser for the maintenance or management of any building or land intended for subdivision into parcels and common property unless—
a Building Maintenance Account has been opened in the name of the development area; and
vacant possession of the parcel purchased by the purchaser has been delivered to the purchaser.
Notwithstanding subsection (1), any developer of a development area which has been completed on or before the commencement of this Act and has, immediately before that date, been collecting
Building and Common Property
(Maintenance and Management)
25
charges for the maintenance and management of a building from the purchasers comprised in the development area may continue to do so until the Body has been established.
Any person who contravenes this section commits an offence and shall, on conviction, be liable to a fine not exceeding one hundred thousand ringgit or to imprisonment for a term not exceeding one year or to both.