Does the industry Committee have the right to use the maintenance fund?

Legal analysis: The house maintenance fund is the fund specially used for the maintenance, renewal and transformation of the same parts of the house, the equipment used in the house and the public facilities in the property management area after the property warranty period expires, and shall not be used for other purposes. According to the regulations, the owner can't apply. Only with the consent of the owners' management committee and the approval of the owners' real estate administrative department (in some places, it may be other departments or institutions) can the maintenance fund be used for audit. After the audit procedure is completed, the maintenance fund will be withdrawn from the designated bank with the audit procedure.

Legal basis: Article 53 of the Property Management Regulations, the owners of residential properties, non-residential properties in residential quarters or non-residential properties connected with a single residential building structure shall pay special maintenance funds in accordance with relevant state regulations. Special maintenance funds shall be owned by the owners, and shall be used exclusively for the maintenance, renewal and transformation of property parts and facilities after the expiration of the property warranty period, and shall not be used for other purposes. Measures for the collection, use and management of special maintenance funds shall be formulated by the construction administrative department of the State Council in conjunction with the finance department of the State Council.