s 29 Duty of developer in respect of Charges for building or land intended for subdivision into parcels completed before commencement of this Act
(1) Any developer of a development area which has been completed before the commencement of this Act, but for which a management corporation has not been established shall, not later than six months following the establishment of the joint management body, submit to the Commissioner an account audited by an approved company auditor of all moneys collected and expended for the purpose of the maintenance and management of the common property and the sinking fund, prior to the establishment of the joint management body.
(2) The Commissioner may, upon request by the developer of a development area, extend the period stated in subsection (1) for another period not exceeding three months.
(3) Any developer who fails to comply with subsection (1) commits an offence and shall, on conviction, be liable to a fine not exceeding two hundred and fifty thousand ringgit or to imprisonment for a term not exceeding three years or to both.
Malay text (authoritative)
(1) Mana-mana pemaju bagi sesuatu kawasan pemajuan yang telah disiapkan sebelum permulaan kuat kuasa Akta ini, tetapi yang baginya suatu perbadanan pengurusan belum ditubuhkan hendaklah, tidak lewat daripada enam bulan berikutan daripada
penubuhan badan pengurusan bersama, mengemukakan kepada Pesuruhjaya suatu akaun yang diaudit oleh juruaudit syarikat yang diluluskan mengenai segala wang yang dipungut dan dibelanjakan bagi maksud penyenggaraan dan pengurusan harta bersama dan kumpulan wang penjelas, sebelum penubuhan badan pengurusan bersama itu.
(2) Pesuruhjaya boleh, apabila diminta oleh pemaju sesuatu kawasan pemajuan, melanjutkan tempoh yang dinyatakan dalam subseksyen (1) bagi suatu tempoh lain yang tidak melebihi tiga bulan.
(3) Mana-mana pemaju yang tidak mematuhi subseksyen (1) melakukan suatu kesalahan dan boleh, apabila disabitkan, didenda tidak melebihi dua ratus lima puluh ribu ringgit atau dipenjarakan selama tempoh tidak melebihi tiga tahun atau kedua-duanya.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).
