Interim Measures for the Administration of Special Maintenance Funds for Property in Anhui Province Chapter I General Provisions

Article 1 In order to strengthen the management of special maintenance funds for property, ensure the normal maintenance, renewal and transformation of property, and safeguard the legitimate rights and interests of owners of special maintenance funds for property, these measures are formulated in accordance with the State Council's "Regulations on Property Management" and "Regulations on Property Management in Anhui Province" and other laws and regulations, combined with the actual situation of this province.

Article 2 These Measures shall apply to the deposit, management, use and supervision of property special maintenance funds within the administrative area of this province.

The term "property special maintenance funds" as mentioned in these Measures refers to the funds deposited by the owners for the maintenance, renewal and transformation of property parts and facilities after the expiration of the property warranty period.

Article 3 The owners of residential properties, non-residential properties in residential quarters or non-residential properties connected with the single structure of residential buildings shall deposit special maintenance funds for properties in accordance with the provisions of these Measures.

The property special maintenance fund deposited by the owner belongs to the owner.

Article 4 The management of property special maintenance funds shall follow the principles of special account storage, earmarking, owner's decision-making and government supervision.

The construction administrative department of the fifth provincial people's government is responsible for guiding and supervising the management of special maintenance funds for property within the administrative area of this province.

The real estate administrative department of the people's government of the city or county shall be responsible for the management of the special maintenance funds of the property within its administrative area, and its subordinate special maintenance fund management institution shall specifically implement the management of the special maintenance funds of the property.

The finance, auditing and other relevant departments of the local people's governments at or above the county level shall, in accordance with their respective responsibilities, do a good job in the supervision of special maintenance funds for property.