Different stakeholders and their roles

Management Corporation (MC)

 

You and all other unit owners make up the Management Corporation (MC). The Management Corporation is responsible for making decisions on key issues in the estate, and is responsible for the overall maintenance and management of the estate. It is a legal entity that can sue and be sued.

 

Management Council and Office Bearers

The management council is made up of up to 14 elected members appointed at each annual general meeting. This management council is a representative body that represents the Management Corporation (MC) to administer the day-to-day running of the estate.

 

Of these 14 elected members, 3 are to be appointed as office bearers who hold additional responsibilities specific to their roles: the chairperson, the secretary, and the treasurer.

 

Roles include: 

 

  • Acting as the managing body for the Management Corporation (MC).
  • Making decisions that enable the Management Corporation (MC) to operate smoothly.
  • Run and preside over general meetings.

 

Managing Agent (MA)

 

The Management Corporation may collectively decide on employing a managing agent (MA) to assist in the daily operation of the estate. 

 

Government Agencies

 

Under the Building Maintenance and Strata Management Act (BMSMA), the Commissioner of Buildings (COB) will perform the following administrative functions: 

 

  • Accept share values and approve maintenance charges.
  • Monitor the annual general meeting and lodgement by-laws.
  • Run and preside over general meetings

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