Singapore legislation

Section 81

of Building Maintenance and Strata Management Act 2004

Section 81

Expenses of subsidiary management corporation

The expenses of a subsidiary management corporation that relate solely to its limited common property must be shared by the subsidiary proprietors from time to time of all lots entitled under this Division to the exclusive use of the limited common property, and each lot’s share of contribution is computed by the formula where —

(a)

A is the share value of a lot;

(b)

B is the aggregate share value of all lots entitled under this Division to the exclusive use of the limited common property; and

(c)

C is the total contributions determined by the subsidiary management corporation as payable by subsidiary proprietors of all lots entitled under this Division to the exclusive benefit of the limited common property.

Read in full context — Building Maintenance and Strata Management Act 2004 →