Section 58
of Strata Management Ordinance, 2019
State OrdinanceIn forceProvision 55 of 137
Section 58
—
(1)
If a judgment against a management corporation relates solely to the parcels of the subsidiary proprietors under a subsidiary management corporation, the judgment shall be confined only to the subsidiary proprietors of those parcels.
(2)
A parcel’s share of a judgment referred to in subsection
(1)
shall be calculated in accordance with section 54 as if the amount of the judgment were the maintenance charge, or contribution to the sinking fund, and a subsidiary proprietor’s liability shall be limited to that proportionate share of the judgment.
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