Regulation 1
Citation
This Order may be cited as the Building Maintenance and Strata Management (Strata Management Accounts — Exemption) Order.
/akn/sg/act/sub_leg/2004/BSMA-OR3
Building Maintenance and Strata Management (Strata Management Accounts — Exemption) Order
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 2004
- Sections
- 4
Quick answer
About this subsidiary legislation
Building Maintenance and Strata Management (Strata Management Accounts — Exemption) Order is Singapore Subsidiary Legislation, cited as Subsidiary Legislation BSMA-OR3 2004, currently marked in force and first recorded in 2004.
Regulation 2
Exemption for management corporation with 4 or fewer lots
A management corporation for a strata title plan with 4 or fewer lots shall be exempt from section 45(1) of the Act.
Regulation 3
Exemption for management corporation with 4 or fewer subsidiary proprietors
Where a management corporation is constituted by 4 or fewer subsidiary proprietors for the whole of any financial year of the management corporation, that management corporation shall be exempt from section 45(1) of the Act only so far as that section requires its books and accounts in respect of that financial year to be audited.
Regulation 4
Exemption from annual audit by public accountant
Amended byG.N. No. S 199/2005
A management corporation for a strata title plan with at least 5 but not more than 10 lots shall be exempt from section 45(2) of the Act in respect of its books and accounts for any financial year where, pursuant to a resolution by consensus, the management corporation approves that its books and accounts in respect of that financial year may be audited by any of its subsidiary proprietors in place of a public accountant within the meaning of the Companies Act (Cap 50).
Common questions
- What is Building Maintenance and Strata Management (Strata Management Accounts — Exemption) Order?
- Building Maintenance and Strata Management (Strata Management Accounts — Exemption) Order is Singapore Subsidiary Legislation, cited as Subsidiary Legislation BSMA-OR3 2004, currently marked in force and first recorded in 2004.
- Is Building Maintenance and Strata Management (Strata Management Accounts — Exemption) Order still in force?
- Yes — Building Maintenance and Strata Management (Strata Management Accounts — Exemption) Order is currently in force.
- When did Building Maintenance and Strata Management (Strata Management Accounts — Exemption) Order take effect?
- Building Maintenance and Strata Management (Strata Management Accounts — Exemption) Order was first recorded in 2004.
- How many regulations does Building Maintenance and Strata Management (Strata Management Accounts — Exemption) Order have?
- Building Maintenance and Strata Management (Strata Management Accounts — Exemption) Order contains 4 regulations.
- Where can I read the official version of Building Maintenance and Strata Management (Strata Management Accounts — Exemption) Order?
- The official text of Building Maintenance and Strata Management (Strata Management Accounts — Exemption) Order is published at sso.agc.gov.sg.