Malaysia legislation
Section 14B
Section 14B
(2)
If the original owner fails to comply with subsection (1), he shall be guilty of an offence and shall be liable on conviction a fine not exceeding one thousand ringgit.
(3)
Without prejudice to the provisions of subsections (1) and (2), if the original owner fails to convene the first annual general meeting within the specified period, the
Director may, on application by the management corporation, an owner or chargee of a
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parcel, appoint a person to convene the first annual general meeting of the management corporation within such time as may be specified by the Director.
(4)
The original owner shall give a written notice of the first annual general meeting to all parcel owners constituting the management corporation not less than thirty days before the meeting.
(5)
The agenda for the first annual general meeting shall include the following matters:
(a)
to decide whether to confirm, vary or extend insurances effected by the management corporation;
(b)
to decide whether to confirm or vary any amount determined as contribution to the management fund;
(c)
to determine the number of members of the council and to elect the council where there are more than three parcel owners; and
(d)
to decide whether to adopt, amend, add to or repeal the by-laws in force immediately before the holding of the meeting by virtue of the sale and purchase agreements with the original owner.
Ownership of common property and custody of issue document of title to the land.