### Building Management Ordinance 《建築物管理條例》

20. Establishment of funds
(1) A corporation shall establish and maintain a general fund—
(a) to defray the cost of the exercise of its powers and the performance of its duties under the deed of mutual covenant (if any) and this Ordinance; and
(b) to pay Government rent, premiums, taxes or other outgoings (including any outgoings in relation to any maintenance or repair work) which are payable in respect of the building as a whole. (Amended 27 of 1993 s. 19; 29 of 1998 s. 105)
(2) A corporation may establish and maintain a contingency fund—
(a) to provide for any expenditure of an unexpected or urgent nature; and
(b) to meet any payments of the kind specified in subsection (1) if the fund established thereby is insufficient to meet them.
(3) A corporation shall open and maintain an interest-bearing account and shall use that account exclusively in respect of the management of the building. (Added 27 of 1993 s. 19. Amended 5 of 2007 s. 15)
(4) Subject to subsections (5) and (6), a corporation shall without delay pay all money received by the corporation in respect of the management of the building into the account opened and maintained under subsection (3). (Added 27 of 1993 s. 19. Amended 5 of 2007 s. 15)
(5) Subject to subsection (6), the treasurer of a management committee may, out of money received by the corporation in respect of the management of the building, retain or pay into a current account a reasonable amount to cover expenditure of a minor nature, but that amount shall not exceed such figure as is determined from time to time by a resolution of the management committee. (Added 27 of 1993 s. 19)
(6) The retention of a reasonable amount of money under subsection (5) or the payment of that amount into a current account in accordance with that subsection and any other arrangement for dealing with money received by a corporation shall be subject to such conditions as may be approved by a resolution of the management committee. (Added 27 of 1993 s. 19)
(7) Any reference in this section to an account is a reference to an account opened—
(a) with a bank within the meaning of section 2 of the Banking Ordinance (Cap. 155); and
(b) in the name of the corporation. (Replaced 49 of 1995 s. 53)

### Building Management Ordinance 《建築物管理條例》

20A. Supplies, goods and services
(1) The procurement of all supplies, goods or services required by a corporation in the exercise of its powers and the performance of its duties under the deed of mutual covenant (if any) or this Ordinance shall comply with such standards and guidelines as may be specified in a Code of Practice relating to such procurement.
(2) Subject to subsection (2A), any supplies, goods or services referred to in subsection (1) the value of which exceeds or is likely to exceed— (Amended 5 of 2007 s. 16)
(a) the sum of $200,000 or such other sum in substitution therefor as the Authority may specify by notice in the Gazette; or
(b) a sum which is equivalent to 20% of the annual budget of the corporation or such other percentage in substitution therefor as the Authority may specify by notice in the Gazette,
whichever is the lesser, shall be procured by invitation to tender. (Amended 5 of 2007 s. 16)
(2A) Subsection (2) does not apply to any supplies, goods or services which but for this subsection would be required to be procured by a corporation by invitation to tender (referred to in this subsection as relevant supplies, goods or services

### Building Management Ordinance 《建築物管理條例》

21. Contributions to funds
(1) Subject to subsection (4), a management committee shall determine the amount to be contributed by the owners to the funds established and maintained under section 20 during such period—
(a) in the case of the first such period after the date of registration of the corporation, not exceeding 15 months; and
(b) in any other case, not exceeding 12 months,
as the management committee may determine. (Replaced 27 of 1993 s. 21)
(1A) Subject to subsection (3), any amount (subsequent amount (其後的款額)) determined by a management committee under subsection (1) after the first such amount (so determined under that subsection) shall not exceed a sum equivalent to 150% of the preceding amount (so determined under that subsection) unless that subsequent amount is approved by the corporation by a resolution passed at a general meeting. (Added 27 of 1993 s. 21)
(2) Subject to section 14(1) and to subsection (3), a management committee shall not increase the amount determined in accordance with subsection (1). (Amended 27 of 1993 s. 42)
(3) A management committee may increase the amount required to be contributed by the owners to the extent to which the funds established and maintained under section 20 are insufficient to meet any payment due by the corporation in respect of the cost of complying with—
(a) an order of the tribunal; or (Amended 27 of 1993 s. 42)
(b) any notice, order or other document served upon the corporation in relation to the common parts by a public officer or public body under any Ordinance.
(4) Schedule 5 shall have effect with respect to the amount to be determined under subsection (1), the preparation of budgets by the management committee for such determinations and the supply of copies of any documents in respect of those budgets. (Added 27 of 1993 s. 21. Amended 5 of 2007 s. 51)
(5) In the event of any inconsistency between this section (which shall be construed to include Schedule 5) and the terms of a deed of mutual covenant or any other agreement, this section shall prevail. (Added 27 of 1993 s. 21. Amended 5 of 2007 s. 51)

### Building Management Ordinance 《建築物管理條例》

22. Recovery of contributions from owners
(1) The amount to be contributed by an owner towards the amount determined under section 21 shall be—
(a) fixed by the management committee in accordance with the deed of mutual covenant (if any);
(b) payable at such times and in such manner as the management committee may determine. (Amended 27 of 1993 s. 22)
(2) If there is no deed of mutual covenant, or if the deed of mutual covenant does not provide for the fixing of contributions, the amount to be contributed by an owner towards the amount determined under section 21 shall be fixed by the management committee in accordance with the respective shares of the owners.
(3) The amount payable by an owner under this section shall be a debt due from him to the corporation at the time when it is payable.
(4) A certificate in writing signed by the chairman of the management committee stating the amount to be contributed under this section by an owner and when it is payable shall be admissible in evidence in any proceedings as prima facie evidence of the facts stated therein without further proof.