Land Titles (Strata) (Information and Fees) Regulations

Land Titles (Strata) Act

(CHAPTER 158, Sections 33(4), 50(a) and 54 and 130)

Rg 3

G.N. No. S 286/1988

REVISED EDITION 1990

(25th March 1992)

[7th October 1988]

Citation

1. These Regulations may be cited as the Land Titles (Strata) (Information and Fees) Regulations.

Duty to furnish information

2. The council of a management corporation shall, within 30 days of each annual general meeting, submit to the Commissioner of Buildings a statement signed by a member of the council containing the following particulars:

(a)	the date and agenda of the last annual general meeting;
(b)	the names and addresses of council members elected at that annual general meeting;
(c)	the name and address of the auditor appointed by the management corporation at that annual general meeting under section 56(2) of the Act;
(d)	the name and address of any managing agent appointed by the management corporation under section 68 of the Act;
(e)	the amount of the regular periodic contributions levied on each subsidiary proprietor of a lot by the management corporation as determined in accordance with section 48(3) of the Act; and
(f)	the rate of interest determined by the management corporation under section 42(9)(b) of the Act in respect of any unpaid contribution referred to in that subsection.

Particulars of certain council members

3. The secretary of the council of a management corporation shall within 30 days of his appointment furnish to the Commissioner of Buildings a statement signed by him containing the following particulars of the chairman, secretary and treasurer of the council:

(a)	their names;
(b)	their residential addresses; and
(c)	the lots in respect of which they are subsidiary proprietors.

Accounts

4. The moneys in the management fund or sinking fund of the management corporation not immediately required for any disbursement authorised by the Act or invested under regulation 5 shall be deposited in accounts in the name of the management corporation at a bank or finance company in Singapore.

Investments

5. The management corporation may invest any moneys in its management or sinking funds in securities in which trust funds may, by any written law for the time being in force relating to trustees, be invested.

Fee payable to Registrar of Titles

6.—(1) A fee of $10 shall be paid by a management corporation to the Registrar of Titles under section 33(4) of the Act for the issue of a certificate stating that the management corporation is a body corporate.

(2) The Registrar of Titles may remit wholly or in part the fee payable under paragraph (1).

Fees payable to management corporation

7. The following fees shall be payable to a management corporation:

$ c.

(a)	For complying with an application made under section 54 (1) (a) of the Act for particulars of certain council members and the managing agent ...

5 00

(b)	For making records available for inspection in accordance with section 54 (1) (b) of the Act ...

15 00

(c)	For issuing a certificate in accordance with section 54 (1) (c) of the Act ...

25 00

(d)	For every photostat copy of any document under section 54(5) of the Act ...

0 50 per page.

Remission by management corporation

8. A management corporation may, in its discretion, remit wholly or in part the fees payable to it under regulation 7.

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