Schedule 11: Enumeration Of Owners

SCHEDULE 11 [sections 5B & 42] (Amended 5 of 2007 s. 36)
For the purposes of section 5B-
(a) sections 3(8), 3A(3F), 4(10) and 40C(9) and paragraphs 1(2) and 5 of Schedule 3, paragraph 1A of Schedule 6 and paragraph 11 of Schedule 8 are specified; (Replaced 5 of 2007 s. 36)
(b) the enumeration of the percentage of owners mentioned in the provisions specified in paragraph (a) shall be computed as follows-
Form of ownership Illustration To be counted as
1. Multiple ownership of 1 flat 1 flat with 3 co-owners 1 owner
2. 1 owner owning more than 1 flat 1 owner owning 35 flats 1 owner
3. 1 person or more than 1 holding proxies from more than 1 owner
(a) 1 person holding proxies from 100 owners
(b) 35 persons holding proxies from 100 owners in aggregate Voting rights equal to the number of valid proxies held. In the cases as illustrated, 100 owners. (Schedule 11 added 69 of 2000 s. 27)

文章分類 BMO, Schedule

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