Page 17 - L4.3_MSB (III)-Owners and IO (esstatehunterhk.com)_Neat

Effect of incorporation

 A body corporate with perpetual succession capable of suing and being sued
in the corporate name (s.8(2)(a))

 Deemed to hold one undivided share together with the right to the exclusive

possession of any part of the building other than the common part (s.8(2)(aa))

 Shall have a common seal and registered office in HK

 The management committee 管理委員會 (m.c.) will replace the owners’
committee 業主委員會 （o.c.） and will have the functions of any o.c.
appointed under DMC (s.34K)

 Composition of m.c. and its procedures (Sch 2)

 Remuneration of members of m.c. (Sch 4)

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