Strata Management Act 2013 · Updated to 8 Feb 2013 · Part VI
Strata Management Act 2013 · Updated to 8 Feb 2013 · Part VI
Official textFrom Laws of Malaysia Online, unchanged
A person shall not act as managing agent unless he has lodged with the Commissioner a bond in the form approved by the Commissioner and for the specified amount given by a bank, finance company or insurer and which binds the bank, finance company or insurer to make good any loss caused by the managing agent as a result of his failure to account for monies received or held by him.
managing agent
“managing agent” means a person who is appointed by the Commissioner under section 86;
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;
managing agent
“managing agent” means a person who is appointed by the Commissioner under section 86;
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