What updates have been made to the relevant provisions of the Civil Code Maintenance Fund?

Legal analysis: The new regulations lower the "threshold" for the use of housing maintenance funds, and the amendments are mainly reflected in three aspects: First, change the voting method and improve the voting efficiency. The original regulations were "consent by more than half of the area and the number of people" (that is, consent by owners whose exclusive parts account for more than half of the total construction area and more than half of the total number of people), and "consent by more than two thirds" for major issues. The second is to significantly reduce the voting threshold for the use of maintenance funds, that is, from "double two-thirds consent" of all owners to "double one-half consent" of owners who participated in the voting. The third is to increase the provision that you can directly apply for the use of maintenance funds in an emergency.

Legal basis: Article 278 of the Civil Code of People's Republic of China (PRC). The following matters shall be decided by the owners: (1) to formulate and revise the rules of procedure of the owners' meeting; (2) Formulating and amending management regulations; (three) to elect the owners' committee or replace the members of the owners' committee; (four) the selection and dismissal of property services companies or other management personnel; (five) the use of funds for the maintenance of buildings and their ancillary facilities; (six) to raise funds for the maintenance of buildings and their ancillary facilities; (seven) renovation of buildings and their ancillary facilities; (eight) change the use of * * * or use * * to engage in business activities; (nine) other major matters related to the management rights of * * * and * * *. The owners * * * agree that the decision shall be passed by the owners who account for more than two-thirds of the exclusive area and more than two-thirds of the total number. Decisions on matters specified in Items 6 to 8 of the preceding paragraph shall be subject to the consent of the owners and more than 3/4 of the voters who participate in voting on the exclusive part. Other matters specified in the preceding paragraph shall be decided with the consent of more than half of the owners voting, and with the consent of more than half of the owners voting.