Let AGM decide on starting en bloc sale committee
I REFER to Mr Ong Tee Jin’s Forum Online letter yesterday, “En bloc
sale panels should have 80% support”.
The law governing en bloc sales has been improved several times. The First
Schedule of the Building Maintenance and Strata Management Act mandates
that the accounts of the management corporation and the auditor’s report
be tendered at each annual general meeting (AGM) to demonstrate the
importance of proper accounting in communal living.
In this spirit, perhaps the law should make it mandatory for the formation
of an en bloc sale committee to be discussed at the AGM to allow the
matter to be brought up for debate, as it concerns the disposition of
one’s legal interest.
Patrick Sio
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