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FRIDAY, JULY 3, 1992

BUILDING MANAGEMENT BILL GAZETTED

THE MULTI-STOREY BUILDINGS (OWNERS

INCORPORATION)

(AMENDMENT I

BILL 1992 WAS GAZETTED TODAY (FRIDAY).

IT WILL BE INTRODUCED INTO THE LEGISLATIVE COUNCIL ON JULY 15.

EXPLAINING MAJOR PROPOSALS IN THE BILL, A

SPOKESMAN FOR THE

CITY AND NEW TERRITORIES ADMINISTRATION SAID A SIGNIFICANT ONE WAS THE REPEAL OF SECTION 2A OF THE ORDINANCE.

THIS SECTION AT PRESENT PROVIDES THAT THE APPLY TO A BUILDING IN RESPECT OF WHICH A PERSON

RE OR AGREED WITH, THE GOVERNMENT TO MANAGE OR MANAGEMENT.

ORDINANCE BE THE BILL PROPOSES THAT THE BUILDING AND AN OWNERS' CORPORATION MAY BE FORMED.

OF REPEAL

SECTION

ORDINANCE DOES NOT HAS UNDERTAKEN TO, RESPONSIBLE FOR THE

APPLIED TO SUCH A

IS

NEW

IN ADDITION TO THE

THERE ZA, ANY PREVIOUS ARRANGEMENTS SECTION PROVIDING FOR THE INVALIDATION OF

AN OWNERS' WHEREBY FLAT OWNERS HAVE BEEN PREVENTED FROM ESTABLISHING CORPORATION.

WILL

MEAN THAT

BOTH MEASURES

THE RIGHT INCORPORATE THEMSELVES WILL NOT BE FETTERED IN ANYWAY.

OF

OWNERS

TO

+

ANOTHER PROPOSAL IN THE BILL SEEKS TO OWNERS CORPORATIONS EASIER.

MAKE THE FORMATION OF

APPLICATIONS, BY

FORMING

AN

THE SECRETARY FOR HOME AFFAIRS MIGHT APPROVE THE OWNERS OF NOT LESS THAN 30 PER ENT OF THE TOTAL UNDIVIDED SHARES, FOR A MEETING OF OWNERS TO BE CONVENED FOR THE PURPOSE OF OWNERS' CORPORATION, THE SPOKESMAN SAID.

"THIS IS TO OVERCOME THE GENERAL RELUCTANCE TO TAKE MATTERS

THE UNDER

EXISTING AVAILABLE COURT, AN ALTERNATIVE CASES THAT FAIL TO OBTAIN THE CONSENT OF OWNERS OF NOT PER CENT OF THE UNDIVIDED SHARES IN THE BULLIYING, "

то

FOR

ORDINANCE LESS THAN 50 HE EXPLAINED.

WHEREBY PROCEDURE

THE BILL ALSO PROVIDES A TERMINATE THE MANAGER'S APPOINTMENT.

FLAT OWNERS MAY

"BASICALLY, IT REQUIRES A RESOLUTION OF THE OWNERS OF THAN 50 PER CENT OF THE UNDIVIDED SHARES.

NOT LESS

"THE DEVELOPER MAY THEN APPOINT A REPLACEMENT MANAGER WITH CONSENT OF FLAT OWNERS.

"SHOULD THEY FAIL TO REACH ANY

THE

AGREEMENT, FLAT OWNERS WOULD

HE SAID.

HAVE THE POWER TO APPOINT THEIR OWN MANAGER."

A HOWEVER, AS REGARDS DEVELOPMENTS THAT THE DEVELOPER IS UNDER

SHOULD THEY

THEIR OWN OWNERS,

APPOINT DUTY TO MANAGE,

IN REQUIRED TO INDEMNIFY THE DEVELOPER

THE

FLAT ARE

REPLACEMENT MANAGER,

RESPECT OF ALL HIS LIABILITIES.

/"THE ADMINISTRATION

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