AL, gov’t to study auxiliary scheme for building management law

The president of the third standing committee of the Legislative Assembly, Cheang Chi Keong, said the AL would communicate with legal advisors from the government on the auxiliary scheme for the law regulating building management, in order to resolve industry concerns that properties could be left vacant if managing companies do not hold regular owners’ committee meetings. The AL committee met with the Property Management Business Association yesterday, whereby the Association expressed its concerns about when such auxiliary scheme could be drafted as well as the relationship between wage costs and management fee once the minimum wage was implemented, according to Mr. Cheang.