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Luoyang City, Special Maintenance Funds For Housing Management

Original Language Title: 洛阳市房屋专项维修资金管理办法

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Excellencies for the management of funds earmarked for housing in the city

(The 9th ordinary meeting of the Government of the Liveli city of 21 April 2012 considered the adoption of the Decree No. 118 of 2 May 2012 No. 118 of the Decree No. 118 of 2 May 2012 of the Government of the People's Republic of Loans, which came into force on 1 June 2012.

Chapter I General

Article 1, in order to enhance the management of specific housing funds, guarantees the maintenance and normal use of housing units, the maintenance of the legitimate rights and interests of all persons dedicated to the maintenance of housing funds, and the development of this approach, in accordance with the People's Republic of China Act, the Regulations on the Quality of Construction of Engineering, the Regulations on Property Management.

Article 2

This approach refers to funds dedicated to the maintenance and updating of housing funds earmarked for house accommodation, maintenance and rehabilitation after the renovation of facilities equipment.

The scheme refers to housing insurance payments deposited by the development of construction units dedicated to the provision of funds for the maintenance of the buildings, such as the base and the main structure of the house and the interior works.

Article 3 of this approach refers to the total number of houses under the laws, regulations and the contract for the sale of homes, which are owned by a single homeowner or structurally connected buildings, generally including the basis of the house, the heavy structure, the roof of the roof and the walls outside the household, the gate, the ladder, the corridor.

This approach refers to the sale of facilities under laws, regulations and housing contracts, which are owned by single houses or by the various owners of various buildings, including, in general, shared water pipelines, public water boxes, electric pumps, gradients, public-use cables, electricity lines, shared lighting, fire facilities, roads in the residential area, greenfields, landscapes, road lights, ponds, non-consistance trucks, and public service facilities, etc.

Article IV governs the management of dedicated housing funds with the principle of exclusive storage, specialization, ownership decision-making and government oversight.

Article 5 provides guidance and oversight on specific housing maintenance funds in the current administration area, with specific responsibility for the day-to-day management of housing funds.

In accordance with their respective responsibilities, the relevant departments, such as finance, audit, are co-ordinated with the supervision of dedicated housing funds.

Chapter II

The following houses with two households and the above-mentioned owners should establish special housing funds.

(i) Commodities;

(ii) Removal of homes in cities;

(iii) affordable housing;

(iv) Housing after the sale.

Article 7. The owners of homes such as communes, urban houses demolitions and affordable housing have deposited specific maintenance funds in accordance with the area of buildings owned by the house, with the amount of $45 square meters of special maintenance funds for each square metimetre building area, $78 square meters per small senior house and 90 square meters per square met.

The first period of deposit of funds for each square meteor is adjusted once every two years on the basis of 5 per cent of the construction costs approved by the price management in the previous quarter of the year.

The development of construction units should deposit the housing bond at 2 per cent of the local housing construction investments (including construction works, installation of works, dressing works,door works).

Article 8

(i) The owners of the industry deposit specific maintenance funds in accordance with the construction area owned by the owner, with a total of 2 per cent of the local rental cost of each square kilometre building area holding the first home-specific maintenance fund.

(ii) The property unit distributes special maintenance funds from a one-time home in the sale of housing funds in accordance with 20 per cent of the rental housing section and 30 per cent of the rental housing.

Article 9 funds earmarked for house repairs deposited by the owners of the industry are owned by the owners.

The housing maintenance metals deposited with the development of construction units are all in the development of construction units.

The special maintenance funds extracted from public housing resolds are owned by public housing resale units.

Article 10 Prior to the establishment of the General Assembly, the Housing, Non-residents, the Public Housing, the Housing, the Housing and Housing Fund, which was deposited within the area of construction, housing reservoir and housing, is administered by the dedicated maintenance fund management body at the house.

The municipal, district (commune), housing-specific maintenance funds management agencies should commission commercial banks at the location, as the exclusive management bank for housing funds specifically in the current administration area (housing) and make special maintenance funds available to the exclusive house in the exclusive administration.

Specialized maintenance funds for the opening of houses should be established for units in the area of property management, with sub-householdings under the house's doors; the area of unregistered property management was established by a unit with sub-householdings.

The housing repairs paid by the development of construction units have been established as a unit.

Secrete house-specific maintenance funds should be established in accordance with the resale units, with special maintenance funds deposited by the owners, and in accordance with the households and sub-households.

Article 11. The first period of earmarked maintenance funds has been deposited with the following provisions:

(i) The owner of the purchase of the pre-discubation communication of the first home-specific maintenance funds to the exclusive maintenance funds of the house prior to the processing of the residence process.

(ii) The maintenance of the funds management has entrusted the real estate development unit to receive, from within 15 days of the date of receipt, transferred to the dedicated home maintenance fund.

(iii) The development of a construction unit shall make the project available to a 30 per cent of the housing bond at the time of the granting of a licence for the sale of homes. The remaining 70 per cent of the total number of houses were registered at the start of the house.

(iv) Public housing resale units should be made available within 30 days of receipt of the resale housing funds for special maintenance funds.

Article 12 The development of construction units did not deposit the housing pension as prescribed, and the house administrative authorities were not in a position to submit registration requests.

Following the establishment of the General Conference of the Mains of Article 13, with the consent of the General Conference, the funds earmarked for the maintenance of houses deposited by the owners of the industry are administered by the Main Committee of the Industrial Management Region. The housing dedicated maintenance fund management shall, within 30 days of receipt of a request from the Conference of the owners, notify the exclusive management bank of the balance of the funds earmarked for maintenance deposited by the owners of the region to the special maintenance fund accounts established by the General Assembly of the owners and transfer such accounts to the owners' committees.

The special maintenance fund accounts established by the General Assembly of the owners should be subject to the supervision of the host housing dedicated maintenance funds management agencies.

Article 14. The General Assembly should establish a dedicated management system for housing funds.

Article 15. The balance of funds earmarked for the maintenance of the home by the owner is 30 per cent less than the first time, and should be returned in a timely manner.

The establishment of the Conference of the Mains of the Industry was decided by the decision of the Conference.

Without the establishment of the Conference of the owners of the industry, the specific management approach to the process was determined by the dedicated maintenance funds management in the regional housing structure.

Chapter III Use

The use of specific housing maintenance funds should be guided by the principles of decision-making, facilitation, openness, transparency, beneficiary and affordability.

Article 17: Water supply, electricity, heating, communications, cable television services, etc., provides services to the owners and operates the maintenance of the relevant pipelines and facilities equipment in the area of material management.

The cost of repairs should be borne by the responsible person by reason of damage to the construction of a unit of professional operations or the management of non-availability or man-made damage.

Article 18 Procedures for the use of specific housing funds are determined by municipal, district (market) and by the administrative authorities of the Gigiri District.

Article 19 takes place as one of the following circumstances endangering the safety of homes or severely affecting the use of their functions, with the direct submission of requests for the use of housing maintenance funds by the Industrial Council or the relevant owners of the industry in the region, where the costs of maintenance are borne by the relevant owners on the basis of their respective ownership of the housing area:

(i) roofs and cereals (other than agreed);

(ii) Consumption or leakage due to a failure of the route;

(iii) Attempts, subsets or unintended disasters that endanger the security of the person, and at a regular test are suspended;

(iv) In the event of water pump failures, the water pipelines in the water pipeline have resulted in the suspension of water or severe slack of water;

(v) The area of more than one fifth of the above-ground walls is at risk;

(vi) Specialized drainage facilities are causing functional barriers such as collapse, congestion and spoilage;

(vii) Functional barriers to fire safety systems, and fire management demands maintenance and updating of fire facilities equipment;

(viii) The failure of security, monitoring facilities to operate;

(ix) The management of the perimeter walls in the region, the roads and networks seriously affect safety and use.

In the event of the previous paragraph, no provision has been made for maintenance and updating, rehabilitation, the city, the district (market), the special maintenance funds management agency in the Gigiri area could organize replacements and the maintenance costs are charged from the funds earmarked for the maintenance of the relevant homes.

Article 20 funds earmarked for maintenance of houses deposited or used in the year ( house repairs) are paid at the rate of interest earned on deposits during the same period by the bank, and the balance of more than one year is based on the regular deposit rate of the bank for the same period of one year.

Article 21 provides for the regular use of specific housing funds, subject to the relevant provisions of the State, for the purchase of State debt.

The use of special maintenance funds for housing is prohibited for the purpose of buying the State's debt, entrusting the property operation or using the purchasing State's debt for security in quality, mortgage etc.

The following funds should be transferred to special housing funds rolling out:

(i) Storage interest in funds earmarked for the maintenance of homes;

(ii) The value-added gains from capital-specific maintenance funds for buying State debt;

(iii) Removals from the use of residential accommodation for the operation of shared facilities equipment, except those decided by the Conference;

(iv) The residues recovered after the release of facilities.

In the case of the transfer of home ownership, the owner should provide the transferee with information on the deposit and balance of funds earmarked for the maintenance of the house and provide effective evidence that the housing balance has been earmarked for maintenance funds up to 30 per cent of the first period of time to be paid to the maintenance fund, with less than 30 per cent of the first period of deposit, and the transferee shall be subject to the procedures for the processing of the household after the first deposit.

Chapter IV Oversight management

Article 24 Losss of homes and special maintenance funds for the return of homes under the following provisions:

(i) Refunds of funds earmarked for the maintenance of the housing balance in the accounts of the house;

(ii) The balance of funds earmarked for the maintenance of houses deposited by the Public Housing Dealing Unit was returned to the resale housing unit; the sale unit was not in place and the collection of the same-level bank was collected in accordance with the financial reporting of the property unit.

Article 25

Article 26 The audit department should strengthen the audit supervision of funds dedicated to the maintenance of homes (land repairs). The financial sector should enhance the supervision of the financial management of special housing funds (housing).

Chapter V Legal responsibility

Article 27 of the Property Administration, the Authority for the Specific Maintenance of the Housing Fund, in violation of the provisions of the scheme, has one of the following cases, been converted by the competent authorities to a period of time, to the competent and other direct responsible personnel directly responsible for their administrative disposition by law, suspected of committing crimes, and transferred to the judiciary to be criminally liable under the law:

(i) Excluding the establishment of dedicated housing funds under this scheme or accounts not established by each household owner;

(ii) No provision of maintenance funds under this scheme;

(iii) The use of specific housing maintenance funds for the acquisition of State debt, the commissioning of financial operations or the use of the purchasing State's debt for security, such as quality custody, mortgage and other risk-specific financial and investment;

(iv) Expropriation of funds earmarked for the maintenance of homes.

The twenty-eighth approach is implemented effective 1 June 2012.