BCA seeks public feedback on Act governing management corporations
The Building and Construction Authority (BCA) is seeking feedback from the public on ways to improve how management corporations should run strata properties.
The aim, it said in a statement on Wednesday, is to achieve greater transparency, higher competency among the managing agents, and better clarity and understanding of the rules.
Over the past year, BCA revealed that it received 2,000 responses relating to the Building Maintenance and Strata Management Act which was enacted in 2005. Some of the proposed changes includes allowing management corporations to impose fines for breaches on by-laws, and tightening the proxy system to prevent a single person from dominating the voting process.
Managing agents would also need to undergo training to beef up their knowledge. This is the second public consultation for the act and the deadline for feedback is Oct 31 at 5pm. Details can be found on BCA's website.