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Strata Management Act 2013 · s 80
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Strata Management Act 2013 · s 80
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
All moneys in the accounts required to be opened and maintained under this Part which exceeds five thousand ringgit and which are not required for immediate use, shall be placed or deposited by the management corporation or the subsidiary management corporation, as the case may be, into an income-bearing deposit account with a bank or financial institution.