A) USE OF
MAINTENANCE CHARGES
Under Act 757 of the Strata Management Act 2013, the maintenance account shall be solely used for the purpose of meeting the actual or expected general or regular expenditure necessary in respect of the following:
• Maintaining the common property in good condition on a day-to-day basis
• Paying for the expenses incurred in providing cleaning services for common property, security services and amenities for the occupiers of the building
• Paying any premiums for the insurance eff ected under this Act or any other insurance approved by a special resolution in a general meeting
• Complying with any notice or order given or made by the local authority in respect of periodical inspection of any building in the development area in the manner as specifi ed in the Street, Drainage and Building Act 1974
• Minor painting works on the premises of the common property
• Carrying out inspection of all electrical wiring systems of the common property and replacing or repairing any faulty wiring systems;
• Carrying out inspection, maintenance and repair of the main water tanks
• Paying rent and rates, if any
• Paying any fee incurred for the auditing of the accounts required to be maintained by the JMB under this Act
• Paying all charges reasonably incurred for the administration of the accounts required to be maintained by the JMB under this Act as may be determined by the Commissioner of Buildings
• Paying the remuneration or fees for the managing agent appointed under the strata management before existence of the Management Corporation
• Paying any expenses, costs or expenditure in relation to the procurement of services, including the engagement of consultants, legal fees or costs and other fees and costs, properly incurred or accepted by the JMB in the performance of its functions and exercise of its power under this Act
• Meeting other expenses of a general or regular nature relating to the maintenance and management of the building or land intended for subdivision into parcels and the common property
B) USE OF SINKING FUND
The sinking fund account shall be used solely for the purpose of meeting the actual or expected capital expenditure in respect of the following matters:
• The painting or repainting of any part of the common property
• The acquisition of any moveable property for use in relation to the common property
• The renewal or replacement of any fixture or fitting comprised in any common property
• The upgrading and refurbishment of the common property
• Any other capital expenditure as the JMB deems necessary
Under Act 757 of the Strata Management Act 2013, the maintenance account shall be solely used for the purpose of meeting the actual or expected general or regular expenditure necessary in respect of the following:
• Maintaining the common property in good condition on a day-to-day basis
• Paying for the expenses incurred in providing cleaning services for common property, security services and amenities for the occupiers of the building
• Paying any premiums for the insurance eff ected under this Act or any other insurance approved by a special resolution in a general meeting
• Complying with any notice or order given or made by the local authority in respect of periodical inspection of any building in the development area in the manner as specifi ed in the Street, Drainage and Building Act 1974
• Minor painting works on the premises of the common property
• Carrying out inspection of all electrical wiring systems of the common property and replacing or repairing any faulty wiring systems;
• Carrying out inspection, maintenance and repair of the main water tanks
• Paying rent and rates, if any
• Paying any fee incurred for the auditing of the accounts required to be maintained by the JMB under this Act
• Paying all charges reasonably incurred for the administration of the accounts required to be maintained by the JMB under this Act as may be determined by the Commissioner of Buildings
• Paying the remuneration or fees for the managing agent appointed under the strata management before existence of the Management Corporation
• Paying any expenses, costs or expenditure in relation to the procurement of services, including the engagement of consultants, legal fees or costs and other fees and costs, properly incurred or accepted by the JMB in the performance of its functions and exercise of its power under this Act
• Meeting other expenses of a general or regular nature relating to the maintenance and management of the building or land intended for subdivision into parcels and the common property
B) USE OF SINKING FUND
The sinking fund account shall be used solely for the purpose of meeting the actual or expected capital expenditure in respect of the following matters:
• The painting or repainting of any part of the common property
• The acquisition of any moveable property for use in relation to the common property
• The renewal or replacement of any fixture or fitting comprised in any common property
• The upgrading and refurbishment of the common property
• Any other capital expenditure as the JMB deems necessary
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