Section 4
of Strata Management Ordinance, 2019
State OrdinanceIn forceProvision 4 of 137
Section 4
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(1)
This Part shall apply to any sale of a parcel by a developer on or after the commencement of this Ordinance.
(2)
For the purpose of this Part, a developer shall be deemed to have sold a parcel or proposed parcel in a development if by an agreement in writing or by any deed or instrument, conditional or otherwise, the developer has agreed to sell, convey,
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transfer, assign or otherwise, the dispose of its interest in the parcel or proposed parcel to another person for valuable consideration or otherwise.