Strata Management Act 2013 · Updated to 8 Feb 2013 · Chapter 4
29. Duty of developer in respect of Charges for building or land intended for subdivision into parcels completed before commencement of this Act
Official textFrom Laws of Malaysia Online, unchanged
Any developer of a development area which has been completed before the commencement of this Act, but for which a management corporation has not been established shall, not later than six months following the establishment of the joint management body, submit to the Commissioner an account audited by an approved company auditor of all moneys collected and expended for the purpose of the maintenance and management of the common property and the sinking fund, prior to the establishment of the joint management body.
management corporation
“management corporation” means the management corporation which comes into existence under the Strata Titles Act 1985;
The Commissioner may, upon request by the developer of a development area, extend the period stated in subsection (1)
Commissioner
“Commissioner” means the Commissioner of Buildings appointed under subsection 4(1), and includes any Deputy Commissioner and other officers appointed under subsection 4(1) to exercise the powers or perform the duties imposed on the Commissioner;
for another period not exceeding three months.
Any developer who fails to comply with subsection (1)
commits an offence and shall, on conviction, be liable to a fine not exceeding two hundred and fifty thousand ringgit or to imprisonment for a term not exceeding three years or to both.
Register of parcel owners
Terms defined in s 2
approved company auditor
Defined · s 2“approved company auditor” has the meaning assigned to it in the Companies Act 1965;
building or land intended for subdivision into parcels
Defined · s 2“building or land intended for subdivision into parcels” means— (a) any building or buildings having two or more storeys in a development area and intended to be subdivided into parcels, and any land on the same lot intended to be subdivided into parcels to be held under a separate strata title; or (b) any development area having two or more buildings intended to be subdivided into land parcels as defined in the Strata Titles Act 1985;
Charges
Defined · s 2“Charges” means any money collected to be deposited into the maintenance account;
Commissioner
Defined · s 2“Commissioner” means the Commissioner of Buildings appointed under subsection 4(1), and includes any Deputy Commissioner and other officers appointed under subsection 4(1) to exercise the powers or perform the duties imposed on the Commissioner;
joint management body
Defined · s 2“joint management body” means the body established under section 17;
management corporation
Defined · s 2“management corporation” means the management corporation which comes into existence under the Strata Titles Act 1985;
Chapter 5
Part V
Strata Management After Existence of
Chapter 6
Part VI
Part VII
Part VIII
Insurances
Part IX
Disputes and Strata Management Tribunal
Part X
Part XI