Strata Management Act 2013 · s 19

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?Wrong or mistyped wordsWrong structure or numberingWrong title or detailsText that appears twice

What should change, and whyUp to 2,000 characters.The text as it should read (optional)

19.
First annual general meeting of joint management body
(1)	 The agenda for the first annual general meeting of the joint management body shall include the following matters:
(a)	 to determine the number of members of the joint management committee and to elect the members of the joint management committee;
(b)	 to consider the annual budget prepared by the developer under subsection 18(4);
(c)	 subject to subsections 25(2) and (3), to determine the amount to be paid by a parcel owner as the Charges, and contribution to the sinking fund;
(d)	 to determine the rate of interest payable by a parcel owner in respect of any late payment of the Charges, or contribution to the sinking fund, by the parcel owner;
(e)	 to consider the audited accounts specified in subparagraph 14(1)(b)(ii);
(f)	 to confirm the taking over by the joint management body of insurances effected by the developer under this
Act;
(g)	 to make additional by-laws; and
(h)	 to consider any other matter connected with the maintenance and management of the common property of the building or land intended for subdivision into parcels.
(2)	 If within half an hour after the time appointed for the meeting no purchaser entitled to vote turns up or all the purchasers present, for any reason, refuse to be members of the joint management committee, the developer or the person appointed by the Commissioner to convene the meeting shall, within seven days of the date of the meeting inform the Commissioner of the fact and the Commissioner may—
(a) 	appoint a new date for the election of the joint management committee; or
(b)	 appoint a managing agent under Part VI to maintain or manage the buildings or lands intended for subdivision into parcels and the common property comprised in the development area.

Act 757

Edit the text above. Up to 20,000 characters.Where you checked it (optional)A link to the official version, if you have one.

The text as we hold it

Open the official text

s 19First annual general meeting of joint management body

(1)

The agenda for the first annual general meeting of the joint management body shall include the following matters:

(a)

to determine the number of members of the joint management committee and to elect the members of the joint management committee;

(b)

to consider the annual budget prepared by the developer under subsection 18(4);

(c)

subject to subsections 25(2) and (3), to determine the amount to be paid by a parcel owner as the Charges, and contribution to the sinking fund;

(d)

to determine the rate of interest payable by a parcel owner in respect of any late payment of the Charges, or contribution to the sinking fund, by the parcel owner;

(e)

to consider the audited accounts specified in subparagraph 14(1)(b)(ii);

(f)

to confirm the taking over by the joint management body of insurances effected by the developer under this

Act;

(g)

to make additional by-laws; and

(h)

to consider any other matter connected with the maintenance and management of the common property of the building or land intended for subdivision into parcels.

(2)

If within half an hour after the time appointed for the meeting no purchaser entitled to vote turns up or all the purchasers present, for any reason, refuse to be members of the joint management committee, the developer or the person appointed by the Commissioner to convene the meeting shall, within seven days of the date of the meeting inform the Commissioner of the fact and the Commissioner may—

(a)

appoint a new date for the election of the joint management committee; or

(b)

appoint a managing agent under Part VI to maintain or manage the buildings or lands intended for subdivision into parcels and the common property comprised in the development area.