Strata Management Act 2013 · s 17

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17. 	(1) 	A joint management body shall be established upon the convening of the first annual general meeting of that joint management body—
(a)	 if vacant possession was delivered before the commencement of this Act, not later than twelve months from the commencement of this Act; or
(b) 	if vacant possession is delivered after the commencement of this Act, not later than twelve months from the date of delivery of vacant possession of a parcel to a purchaser.
(2)	 The joint management body established by subsection (1)
shall be a body corporate having perpetual succession and a common seal.
(3)	 The joint management body may sue and be sued in its name.
(4) 	The joint management body shall comprise the developer and the purchasers.

Act 757
(5)	 If the management corporation comes into existence before the first annual general meeting of the joint management body specified in subsection (1) is convened—
(a)	 the first annual general meeting shall not be required to be convened and no joint management body shall be established for that development area; and
(b) 	the provisions in Part V of this Act shall apply to the development area.

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s 17

(1)

A joint management body shall be established upon the convening of the first annual general meeting of that joint management body—

(a)

if vacant possession was delivered before the commencement of this Act, not later than twelve months from the commencement of this Act; or

(b)

if vacant possession is delivered after the commencement of this Act, not later than twelve months from the date of delivery of vacant possession of a parcel to a purchaser.

(2)

The joint management body established by subsection (1)

shall be a body corporate having perpetual succession and a common seal.

(3)

The joint management body may sue and be sued in its name.

(4)

The joint management body shall comprise the developer and the purchasers.

(5)

If the management corporation comes into existence before the first annual general meeting of the joint management body specified in subsection (1) is convened—

(a)

the first annual general meeting shall not be required to be convened and no joint management body shall be established for that development area; and

(b)

the provisions in Part V of this Act shall apply to the development area.