As the first signature to the CSA was on the 12th Jan 2012 (assumed) the first 4-weekly Statutory Notice is thus due on the Notice Board on 8th February 2012
The 8-Weekly Notices in Round 1 were allegedly manipulated shamelessly. Could it happen again in Round 2?
Protestations about professional integrity aside, there ought to be a system in place for checking the checkers with full access to all documents given to any SP upon written request. Transparency was promised at the off-set, but will they deliver on that promise with regard to the Statutory Notices? Any shielding from SP scrutiny will only heighten suspicion.
Here is the Law on the Statutory Notices:-
First Schedule: 1.
The 3rd Schedule allows SPs unfettered access to the Accounts, which is a relief as the sale committee is now managing the Enbloc Sale Fund (ESF) with the potential to collect tens of thousands of dollars. As the Vice-Chairman is a banker by profession, I place this account above suspicion. Nevertheless, as is my right, I shall be asking for access to it at various points along the way... :)
Here is the Law on the keeping of records :
3rd Schedule:-
Here is the Law on the Statutory Notices:-
First Schedule: 1.
The 3rd Schedule allows SPs unfettered access to the Accounts, which is a relief as the sale committee is now managing the Enbloc Sale Fund (ESF) with the potential to collect tens of thousands of dollars. As the Vice-Chairman is a banker by profession, I place this account above suspicion. Nevertheless, as is my right, I shall be asking for access to it at various points along the way... :)
Here is the Law on the keeping of records :
3rd Schedule:-
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