Strata Management Act 2013 · Updated to 8 Feb 2013 · Part VIII · Insurances
Section 98
Official textFrom Laws of Malaysia Online, unchanged
A joint management body, management corporation or subsidiary management corporation may, apart from the insurance referred to in subsection 93(1), insure against such other risks as the parcel owners or proprietors may, by a special resolution, direct.
joint management body
“joint management body” means the body established under section 17;
Terms defined in s 2
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;
special resolution
Defined · s 2“special resolution” means a resolution which is passed at a duly convened general meeting of which at least twenty-one days’ notice specifying the proposed resolution has been given, and carried by a majority consisting of not less than three-quarters of the valid votes cast at the general meeting by a show of hands, or if a poll is demanded and taken, by a majority consisting of not less than three-quarters in number of the valid votes cast on such poll;
subsidiary management corporation
Defined · s 2“subsidiary management corporation” means the subsidiary management corporation which is created under the Strata Titles Act 1985;
Part IX
Disputes and Strata Management Tribunal
Part X
Part XI