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← Building (Strata Management) Act 2004

Building (Strata Management) Act 2004 s 81

s 81 Expenses of subsidiary management corporation

81. 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 this section in the full act → · Open Division 7 →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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