Source: https://www.acts.co.za/sectional-titles-schemes-management-act-2011/2_bodies_corporate
Timestamp: 2019-12-08 01:34:03
Document Index: 464730337

Matched Legal Cases: ['art 1', 'art 2', 'art 3', 'art 4', 'art 5', 'art 6', 'art 7']

Sectional Titles Schemes Management Act, 2011 (Act No. 8 of 2011)
Notice No. 518 of 2011
2. Bodies corporate
3. Functions of bodies corporate
4. Powers of bodies corporate
5. Additional powers of bodies corporate
6. Meetings of bodies corporate
7. Trustees of body corporate
8. Fiduciary position of trustees
9. Proceedings on behalf of bodies corporate
11. Effect of quotas and variation thereof
12. Expropriation of common property
13. Duties of owners
14. Insurance by owners
15. Recovery from owners of unsatisfied judgment against bodies corporate
16. Appointment of administrators
17. Destruction of or damage to buildings
18. Sectional Titles Schemes Management Advisory Council
20. Amendment of Act 95 of 1986
Schedule : Amendment of the Sectional Titles Act, 1986 (Act No 95 of 1986)
Commencement of the Sectional Titles Schemes ...
Proclamation No. 54 of 2016
Notice No. R. 1231 of 2016
Annexure 1 : Management rules
Part 1 : Introductory
3. Amendment and binding nature
4. Service addresses
Part 2 : Trustees
6. Requirements for office and disqualification
7. Nomination, election and replacement
8. Payment and indemnity
Part 3 : Trustee meetings and decisions
10. Validity of actions
11. Calling and attendance at meetings
Part 4 : Owner Meetings
16. First general meeting
17. Annual and special general meetings
20. Voting and representatives
Part 5 : Financial Management
22. Maintenance, repair and replacement plan
24. Administrative and reserve funds
25. Contributions and charges
26. Financial records, budgets, reports and audit
Part 6 : Administrative Management
27. Governance documents and records
28. Executive Managing Agent and Managing Agents
Part 7 : Physical Management
29. Improvements to common property
30. Use of sections and common property
31. Obligation to maintain
Annexure 2 : Conduct rules (Prescribed in terms of section 10(2)(b))
1. Keeping of animals, reptiles and birds
4. Damage to common property
5. Appearance of section and exclusive use area
6. Storage of flammable materials
7. Behaviour of occupiers and visitors in sections and on common property
8. Eradication of pests
Annexure 3 : Forms
Form A : Notification of change of body corporate address
Form B : Notification of amendment of rules
Form C : Notification, appointment of proxy and acceptance of mandate
Complaint Form (STSM Ann 4.1 (10/11))
Record of Body Corporate Decision (STSM Ann. 4.2 (10/11))
1) With effect from the date on which any person other than the developer becomes an owner of a unit in a scheme, there shall be deemed to be established for that scheme a body corporate of which the developer and such person are members, and any person who thereafter becomes an owner of a unit in that scheme is a member of that body corporate.
2) The developer ceases to be a member of the body corporate when he or she ceases to have a share in the common property as contemplated in section 34(2) of the Sectional Titles Act.
3) Any other member of the body corporate ceases to be a member thereof when such member ceases to be the owner of a unit in the scheme in question.
4) The body corporate must be designated as the ‘‘Body Corporate’’ and must have the name and number contemplated in sections 5(3)(b) and 12(1)(a) of the Sectional Titles Act, respectively.
5) The body corporate is, subject to the provisions of this Act, responsible for the enforcement of the rules and for the control, administration and management of the common property for the benefit of all owners.
6) The provisions of the Companies Act, 2008 (Act No. 71 of 2008), do not apply in relation to the body corporate.
7) The body corporate has perpetual succession and is capable of suing and of being sued in its corporate name in respect of—
a) any contract entered into by the body corporate;
c) any matter in connection with the land or building for which the body corporate is liable or for which the owners are jointly liable;
d) any matter arising out of the exercise of any of its powers or the performance or non-performance of any of its duties under this Act or any rule; and
e) any claim against the developer in respect of the scheme if so determined by special resolution.
a) A developer must convene a meeting of the members of the body corporate not more than 60 days after the establishment of the body corporate.
b) The agenda for the meeting is as prescribed in the management rules for the meeting.
c) At such meeting the developer must furnish the members with—
i) a copy of the sectional plan;
ii) a certificate from the local authority to the effect that all rates due by the developer up to the date of the establishment of the body corporate have been paid; and
iii) proof of revenue and expenditure concerning the management of the scheme from the date of the first occupation of any unit until the date of the establishment of the body corporate.
9) The developer must pay over to the body corporate any residue referred to in subsection (8)(c)(iii).
10) A developer who fails to comply with subsections (8) and (9) is guilty of an offence and liable on conviction to a fine or to imprisonment for a period not exceeding two years or to both such fine and imprisonment.
11) The developer must promptly on demand pay any moneys due in terms of section 3(1)(c) to the body corporate.
12) Any reference in any law or document to a body corporate established in terms of the Sectional Titles Act must, after the commencement of this Act, be constructed as a reference to a ‘‘body corporate’’ referred to in section 2 of this Act.