Section 68

Subject to subsection (4), a management corporation may, by a resolution passed at a general meeting, appoint a managing agent and may, by instrument in writing, delegate to him —

Any managing agent appointed under subsection (1) shall hold office until the conclusion of the next annual general meeting.

A managing agent who is in any way, directly or indirectly, related to a subsidiary proprietor of a lot in the subdivided building concerned shall, prior to his appointment, declare the nature of his relationship at the annual general meeting

A managing agent who retires from office shall be eligible for reappointment.

Any managing agent appointed by a management corporation may at any time be removed from office by a resolution of the management corporation passed at a general meeting of which notice has been given for that purpose.

A management corporation shall not under subsection (1) delegate to a managing agent its power to make —

A power, duty or function, the exercise or performance of which has been delegated under subsection (1) may, while the delegation remains unrevoked, be exercised from time to time in accordance with the delegation.

A delegation under subsection (1) may be made subject to such conditions or such limitations as to the exercise or performance of all or any of the powers, duties or functions, or as to time or circumstances, as may be specified in the instrument of delegation.

Notwithstanding any delegation made under subsection (1), a management corporation may continue to exercise or perform all or any of the delegated powers, duties or functions.

Any act or thing done or suffered by a managing agent while acting in the exercise of a delegation under subsection (1) shall have the same force and effect as if it had been done or suffered by the management corporation and shall be deemed to have been done or suffered by the management corporation.

Where a resolution of the management corporation so provides, a managing agent shall have and may exercise and perform all the powers, duties and functions of the chairman, secretary or treasurer of the management corporation and the council or such of those powers, duties and functions as may be specified in the resolution.

The fees and expenses of a managing agent shall be fixed by the management corporation in a general meeting or, if so authorised by the subsidiary proprietors at the last preceding general meeting, by the council of the management corporation.