Singapore legislation

Clause 48

of Building Maintenance and Strata Management Bill 2004

Clause 48

Records, etc., of management corporation

(1)

A person who has possession or control of —

(a)

any records, books of account or keys belonging to a management corporation;

(b)

the strata roll kept by a management corporation; or

(c)

any other property of a management corporation,shall, within 7 days after service on him of notice of a resolution of the council requiring him to do so, deliver those records, books of account and keys and that strata roll and other property to a member of the council specified in the notice.

(2)

Every management corporation shall retain all its records, books of account and such other documents relating to any of its transactions for a period of at least 7 years after the completion of that transaction.

(3)

Any management corporation which, without reasonable excuse, fails to comply with subsection (2) shall be guilty of an offence.

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