29 Mar 2000
The Incorporated Owners of Gold Ming Building (Yu Chau Street) v. Concept Investments Ltd.
- Citation
- The Incorporated Owners of Gold Ming Building (Yu Chau Street) v. Concept Investments Ltd.
- Court
- Lands Tribunal
- Case number
- LDBM242/1999
The DMC clause requiring apportionment by unit shares is self‑executing and does not require an owners' meeting resolution; apportionment must be calculated from the budgeted total monthly expenses with the budgeted lift maintenance deducted and then the unit share fraction applied, yielding a monthly management fee of $1,210 for the respondent.