—(1) The owner developer of any development on a parcel comprised in a strata title plan (whether or not he is also a subsidiary proprietor) shall hold the first annual general meeting of the management corporation constituted in respect of that strata title plan no later than the earlier of the following dates:
a date that is one month after the end of the initial period for the management corporation; or
a date that is 6 weeks after the owner developer receives a written request from the subsidiary proprietors of at least 10% of the total number of lots comprised in that strata title plan asking for the first annual general meeting to be held.
(2) Subject to subsection (8), the chairperson of the first annual general meeting shall be the owner developer acting personally or through an agent.
(3) The agenda for the first annual general meeting of a management corporation constituted in respect of a strata title plan comprising any development shall consist of the following:
to elect a council in accordance with section 53 where there are more than 3 subsidiary proprietors;
to determine the amount to be raised for the management fund and the sinking fund;
to decide whether insurances effected by the owner developer of the development should be varied or extended;
to decide the matters that shall be determined only by the management corporation at a general meeting;
to appoint a managing agent, if the management corporation so desire, and to determine the powers, duties or functions of the management corporation to be delegated to the managing agent; and
to receive and, if considered fit, to adopt the audited annual accounts of the management corporation for the period starting from the date the management corporation is constituted and ending on a date not earlier than 4 months before the first annual general meeting.
(4) At the end of or within 2 weeks after convening the first annual general meeting of the management corporation constituted in respect of a strata title plan comprising any development, the owner developer of the development shall —
place before the meeting and deliver to the management corporation copies of all the following:
all plans that were required to obtain the temporary occupation permit and certificate of statutory completion (where applicable) for all buildings in the development (including amendments to such plans), that have been filed with the Commissioner of Building Control under the Building Control Act (Cap. 29);
any document in the owner developer’s possession that indicates, as far as practicable, the actual location of any pipe, wire, cable, chute, duct or other facility for the passage or provision of systems or services, if the owner developer has reason to believe that the pipe, wire, cable, chute, duct or other facility is not located as shown on a plan or an amended plan filed with the Commissioner of Building Control under the Building Control Act;
all contracts entered into by or on behalf of the management corporation;
a copy of the strata title plan;
the names and addresses of such contractors, subcontractors and persons who supplied labour or materials to the development during construction as may be prescribed;
all warranties, manuals, schematic drawings, operating instructions, service guides, manufacturer’s documentation and other similar information respecting the construction, installation, operation maintenance, repair and servicing of any common property or limited common property, including any warranty information provided to the owner developer by any person referred to in sub-paragraph (v);
all records required to be prepared or retained by the management corporation under this Act; and
any other records as may be prescribed; and
place an annual budget before the meeting for approval, which shall be for a period of 12 months starting on the first day of the month following the date of the first annual general meeting.
(5) If the owner developer contravenes subsection (4)(a) and the management corporation is required to pay any person to obtain a document referred to in that provision, the amount so paid shall be deemed to be a debt owing to the management corporation by the owner developer.
(6) If the owner developer does not hold the first annual general meeting as required by subsection (1), any subsidiary proprietor of any lot comprised in the development or any mortgagee in possession of such lot may apply to the Commissioner to appoint a person to convene the first annual general meeting of the management corporation for that development.
(7) The Commissioner may, on receiving any application under subsection (6), by order —
appoint a person to convene the first annual general meeting of the management corporation of a development within such time and at such place as may be specified in the order; and
include such ancillary or consequential instructions as the Commissioner thinks fit to facilitate the holding of the meeting by such person,
and any such meeting so convened by that person shall be the first annual general meeting of the management corporation.
(8) Where an order is made under subsection (7) —
the person appointed under that order to convene the meeting shall preside at the meeting and while so presiding, he shall be deemed to be the chairperson of the management corporation; and
notice of the meeting may be given in such manner as may be specified in the order.
(9) Any owner developer who, without reasonable excuse, fails to comply with subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000 and, in the case of a continuing offence, to a further fine not exceeding $100 for every day or part thereof during which the offence continues after conviction.
[LT(S)A, s. 37]