CHAPTER
258
SUB-DIVISIONS (LOCAL IMPROVEMENT ASSOCIATIONS) |
ARRANGEMENT OF
SECTIONS |
SECTION |
|
|
Formation of an Association. |
Petition for establishment of an Association. |
Consideration of petition. |
Appeal to the Supreme Court. |
|
Effect of incorporation of an Association. |
Purpose and duty of the Association. |
|
|
All lot owners to register an address for
service with the Association. |
Change of ownership of lots. |
Amounts due by lot owners. |
Certificate of unpaid demands. |
|
Amendment of certificate of incorporation. |
Winding-up of Association. |
Where an association fails to perform its
functions. |
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|
SCHEDULES |
FIRST SCHEDULE - Certificate of Incorporation. |
SECOND SCHEDULE - Bye-laws. |
CHAPTER 258 |
SUB-DIVISIONS
(LOCAL IMPROVEMENT ASSOCIATIONS) |
An Act to
make provision for the formation of Local Improvement Associations in order to
establish, maintain and operate improvement associations for the benefit of lot
owners in sub-divisions. | 32 of 1965 |
1. This Act may be cited as the Sub-divisions (Local
Improvement Associations) Act. | Short title. |
2. In this Act, unless the context otherwise requires- | Interpretation. |
"Association"
means a Local Improvement Association established under this Act; |
"developer"
means the person for the time being responsible for the development of a
sub-division; |
"lot
owner" means the owner of a lot within a sub-division; |
"Minister"
means the Minister responsible for Private Roads and Sub-divisions; |
"objector"
means a person who within the prescribed time has submitted to the Minister
objections in writing to a petition for the establishment of an Association; |
"owner"
means the owner of land in fee simple where such land is unincumbered or, where
such land is the subject of a charge or mortgage, the owner of the equity of
redemption in such land; where such title is vested in a corporation or in two
or more persons jointly or in common, the owner for the purposes of this Act
and any certificate of incorporation or bye-laws of an Association shall be an
individual who shall be duly authorised to act as owner by such corporation or
by the joint owners or owners in common as the case may be; |
"private
road" means any road which is not maintained at public expense; |
"road"
means any alley, lane, street, path or thoroughfare and includes any sidewalk
where such exists; |
"sub-division"
in relation to any land means a plot of land divided into numbered lots, in the
division of which plot, provisions is made for the reservation of sites for
residential premises either with or without ancillary buildings and amenities
and for the construction of private access roads. |
3. (1) Where lot owners representing not less than
sixty per centum of the total number of lots in a subdivision decide to form
themselves into an Association for the purposes of this Act, they may submit to
the Minister in the prescribed manner a petition to be incorporated as a Local
Improvement Association. | Formation of an Association. |
(2) The purposes
of a Local Improvement Association shall be to perform in the interests of the
lot owners within a sub-division such of the following functions as it may be
empowered to perform, namely- |
(a) the
maintenance in a state of good repair of all private roads; |
(b) the
operation and maintenance of any storm water drains not operated and maintained
at public expense; |
(c) the
provision and maintenance of such street lighting as in the opinion of the
Association is sufficient for the needs of the area; |
(d) the
maintenance in a clean and orderly state of any parks, recreation grounds, open
spaces or verges which are not maintained at public expense; |
(e) the
collection, disposal or destruction of garbage, ashes or rubbish; |
(f) the
establishment and control of an organisation of watchmen; |
(g) in any
sub-division where inland waterways exist, the maintenance of such waterways in
a sanitary and uninterrupted condition and the repair and maintenance of the
sea walls belonging thereto; |
(h) any other
function which in the circumstance of the case it is appropriate for the
Association to perform; |
(i) the
recovery from lot owners of the costs incurred by the Association in the
carrying out of such functions and in the administration of the Association. |
(3) The
constitution of any such Association shall be contained in a certificate of
incorporation issued by the Minister under his hand and seal setting out the
general purpose and powers of the Association. Any such certificate of incorporation
shall be substantially in the form set out in the First Schedule to this
Act or with such variations as circumstances may require. Further provisions
for the government of the Association shall be contained in bye-laws which
shall be made and amended by the Association in such manner as may be
authorised by the certificate of incorporation. |
(4) Any
Association may adopt as its bye-laws all or any of the bye-laws contained in
the Second Schedule to this Act and in so far as the bye-laws of an Association
do not exclude or modify the bye-laws contained in the
Second Schedule, those bye-laws shall, so far as applicable, be the bye-laws of
the Association in the same manner and to the same extent as if they were
contained in the bye-laws of the Association. |
4. (1) A petition in writing for the establishment of
an Association in any sub-division may be presented to the Minister and shall
be signed by owners representing not less than sixty per centum of the total
number of lots in the sub-division who desire to form an Association for the
purposes of this Act. | Petition for establishment of an Association. |
(2) Each signatory
to such petition shall state his full name and postal address and particulars
of the lot or lots owned by him. Where any lot is owned by a corporation or by
two or more persons jointly or in common it shall be sufficient if the petition
is signed by an individual duly authorised to do so by the corporation or the
joint owners or owners in common as the case may be. |
(3) Any such
petition shall be accompanied by- |
(a) a survey
map showing the precise boundaries of the sub-division in respect of which the
petition is submitted; |
(b) a list of
the names and addresses of all lot owners within the sub-division who are not
signatories to the petition with particulars of the lot or lots owned by them; |
(c) the
proposed certificate of incorporation and bye-laws of the Association; and |
(d) a
certificate signed by the developer stating whether or not he consents to the
petition. |
(4) Upon the
presentation of any such petition to the Minister, it shall be the duty of the
petitioners to cause a copy of the petition (excluding the signatures thereto)
to be: |
(a) sent to
every lot owner in the sub-division; |
(b) published
in the Gazette, |
with a
statement to the effect that any person who wishes to object to the grant of
the prayer of the petitioners shall present his objections in writing to the
Minister within twenty-one days of the date of the publication of the petition
in the Gazette. |
5. (1) Upon the receipt of a petition and any
objections thereto submitted in pursuance of section 4 of this Act, the
Minister may make such inquiries regarding the matter as he may see fit and in
particular shall require the signatories to the petition to satisfy him that
they are duly authorised and qualified to present it. As soon as may be after
the expiration of the time prescribed for the submission of objections to the
petition, the Minister shall give his decision upon it. | Consideration of petition. |
(2) The Minister
may reject a petition on any of the following grounds- |
(a) that it
would not be in the public interest to grant it; |
(b) that it
would not be in the best interests of the lot owners generally in the
sub-division to grant it; |
(c) that the
developer has failed to carry out any obligation imposed upon him under the Private Roads and Sub-divisions Act or
any Act amending or replacing that Act; |
(d) that the
developer has withheld his consent to the petition for reasons which appear to
the Minister to be good and sufficient; or |
(e) that the
proposals of the petitioners are in the Minister's opinion unsatisfactory. |
(3) In any other
case the Minister shall either grant the petition, or grant it subject to such
modifications as he deems necessary or desirable. |
(4) The Minister
shall notify his decision on the petition to the petitioners and to any
objectors in such manner as in the circumstances of the case appears most
convenient. |
6. (1) Where the Minister rejects a petition or grants
it with or without modifications any objector or the petitioners, as the case
may be, shall be entitled within such time as may be prescribed to appeal
against the Minister's decision to the Supreme Court, whose decision shall be
final. | Appeal to the Supreme Court. |
(2) Any appeal to
the Supreme Court under this section shall be made and disposed of in such
manner as may be prescribed by Rules of Court made under section 76 of the
Supreme Court Act. |
7. (1) Where the Minister decides to grant a petition
under this Act, with or without modification, he shall establish the Local
Improvement Association for the sub-division to which the petition refers with
such style and title, constitution and functions as are set out in the
certificate of incorporation issued under his hand and seal. | Grant of the petition. |
(2) Such
Association shall thereupon be a body corporate under its proper style and
title and shall have perpetual succession and a common seal with power to hold
land, to sue and be sued in its corporate name and to exercise as a body
corporate such functions as may be assigned to it. |
(3) The first
bye-laws of such Association shall be approved by the Minister. |
(4) Upon the
incorporation of an Association, it shall be the duty of the Association to
lodge for record in the Registry of Records of The Bahamas the certificate of
incorporation and the bye-laws of the Association and thereafter the Minister
shall cause public notice of the incorporation of the Association and the location
of its registered office to be inserted in the Gazette at the expense of
the Association. |
(5)
Upon lodging the certificate of incorporation and the bye-laws of the
Association at the Registry of Records, the Association shall pay a fee of
forty dollars. |
8. (1) Upon the date of the incorporation of an
Association, every signatory to the petition therefor who is at that date a lot
owner shall thereby be a member of the Association and every other lot owner in
the subdivision affected shall thereupon be entitled as of right to become a
member of the Association. | Effect of incorporation of an Association. |
(2) As from the
date of incorporation of such Association, every member thereof from time to
time shall be bound by the rules and regulations imposed by the certificate of
incorporation and the bye-laws of the Association for the time being in force. |
(3) Where
immediately prior to the incorporation of an Association there exist any valid
and subsisting agreements or covenants binding upon lot owners and the
developer relating to the carrying out of or the payment for any functions
entrusted to the Association, such agreements or covenants shall be in suspense
and unenforceable for any period during which the Association is empowered to
carry out such functions and to require payment therefor, but in the event of
the Association being wound up or ceasing to be so empowered any such
agreements or covenants shall revive and be in full force and effect. |
9. It shall be the duty of the Association to use its
best endeavours to carry out the functions it is empowered to perform in such a
manner as will- | Purpose and duty of the Association. |
(a) promote the
best interests of the greatest number of lot owners; |
(b) be prompt
and efficient; |
(c) keep at a
reasonable level the costs incurred by the Association in performing its
functions (including the costs of administration); |
(d) ensure an
equitable apportionment of such; costs among all the lots in the sub-division. |
10. (1) The bye-laws of an Association shall provide
that the business and affairs of the Association shall be managed by a Board of
Governors and such board shall in the exercise of its responsibilities have the
powers and authority as nearly as may be of a board of directors of a company
limited by shares registered under the Companies Act, subject always
to any limitations contained in this Act or in the certificate of incorporation
or the bye-laws of the Association. | Board of Governors. |
(2) The bye-laws
of the Association shall provide for the election of the board of governors
from time to time by the members of the Association. |
11. (1) Any person who at any time becomes the owner
of a lot within a sub-division for which an Association is incorporated shall
be entitled as of right at any time to become a member of that Association and
if he so wishes to retain his membership for so long as he remains the owner of
any lot in the sub-division. | Right to membership. |
(2) Where a person
who is a member of an Association incorporated in respect of a sub-division
ceases to be the owner of any lot in that sub-division he shall forthwith cease
to be a member of that Association without prejudice however to the right of
the Association to recover from him any amount which may have become due by him
to the Association while he was still a member. |
12. It shall be the duty of every lot owner in a
subdivision for which an Association is incorporated to register an address for
service with the Association and to notify the Association from time to time of
any change in such address. | All lot owners to register an address for service with
the Association. |
13. It shall be the duty of every lot owner in a
subdivision for which an Association is incorporated to notify the Association
in writing forthwith whenever he ceases to be the owner of any lot within the
sub-division and at the same time to state the full name and address of the
person who has become the owner of such lot. | Change of ownership of lots. |
14. (1) Whenever the costs (including the costs of
administration) incurred by an Association in performing its functions are
apportioned among the lots within the sub-division, the Association shall cause
a notice to be sent to each person registered by the Association as a lot owner
stating the amount apportioned to his lot or lots and the date upon which such
amount is due and payable. | Amounts due by lot owners. |
(2) Any such
amount due shall be a charge upon the lot in the sub-division to which it is
apportioned and, in addition to any other remedy which the Association may
have, shall be recoverable mutatis mutandis as money secured by
equitable mortgage of land. |
(3) Any amount
apportioned to a lot by an Association which has not been paid within three
months of the date on which it became due under the bye-laws of the Association
shall, without prejudice to any other remedy, be recoverable by the Association
summarily as a civil debt from the person registered by the Association as the
lot owner and a certified copy of any such judgment obtained in a magistrate's
court under this section by the Association shall be lodged with the Registry
of Records of The Bahamas who shall register the same upon the
payment of a fee of four dollars. |
15. (1) Upon demand and the payment of a fee of one
dollar, the treasurer or other authorised officer of an Association shall
furnish to any owner or mortgagee or other person interested in any lot in the
sub-division, a certificate showing any unpaid amounts apportioned against such
lot and such certificate shall be conclusive evidence of the facts contained
therein. | Certificate of unpaid demands. |
(2) The treasurer
or other authorised officer of an Association who fails to give a certificate
in pursuance of subsection (1) of this section or gives a certificate which is
incorrect in a material detail shall be guilty of an offence and liable on
summary conviction to a fine not exceeding two hundred
dollars. |
16. (1) As soon as may be after the conclusion of its
financial year an Association shall cause to be prepared an account of the
expenditure incurred and of the revenue received in such year in respect of the
exercise of its functions under this Act and shall submit the same to be
audited by an auditor appointed by the Association with the prior approval of
the Minister. Every lot owner shall be entitled to receive a copy of such
audited account. | Accounts. |
(2) The Minister
may, if he sees fit, by notice in writing require the treasurer or other
authorised officer of an Association to submit for his information a copy of
its audited accounts in respect of any financial year. |
(3) The treasurer
or other authorised officer of an Association who fails to submit to the
Minister a copy of the audited accounts of the Association in pursuance of subsection
(2) of this section, shall be guilty of an offence and on summary conviction
shall be liable to a fine not exceeding two
hundred dollars. |
17. A certificate of incorporation of any Association
may be amended at any time after the incorporation of the Association subject
to the approval of the Minister provided that the Association complies with
such method of formulating any such amendment as may be prescribed by the
Minister in the certificate of incorporation. | Amendment of certificate of incorporation. |
18. (1) An Association established under this Act may
if occasion arises be wound up voluntarily or by the Supreme Court as nearly as
may be as if it were a company registered under the Companies Act as a company
limited by guarantee. | Winding-up of Association. |
(2) In the event
of an Association being wound up, every person who is a lot owner at the date
of the winding-up or who was lot owner within one year prior to such date shall
be liable to contribute to the assets of the Association for the payment of the
debts and liabilities of the Association contracted before he ceased to be a
lot owner, and the costs, charges and expenses of the winding-up and for the
adjustment of the rights of the contributors among themselves such amount as
may be required not exceeding forty dollars. |
19. (1) Notwithstanding the other provisions of this
Act where the Minister for Works is of the opinion that in a sub-division an
Association which has been incorporated under this Act has neglected or failed
satisfactorily to perform its functions he may serve a notice on such
Association of his intention to make an application to the Supreme Court for an
order under this section. | Where an association fails to perform its functions. |
(2) Where on the
application of the Minister for Works under this section the Supreme Court is
satisfied that the Association in respect of which the application is made has
neglected or has failed satisfactorily to perform its functions, the Court
shall make an order authorising the Minister for Works to perform the functions
of that Association within the sub-division for which it is incorporated and
may give such further directions and make such further orders for the purpose
of giving effect thereto as to the Court shall seem fit. |
(3) Where the
Court makes an order under subsection (2) of this section the Court may also if
it sees fit make an order for the compulsory winding-up of the Association. |
(4) Rules of Court
for regulating proceedings under this section may be made under section 76 of
the
Supreme Court Act. |
20. (1) Subject to the other provisions of this
section, whenever under this Act or the bye-laws of an Association notice is
required to be given to any lot owner or member, such notice shall be sent by
registered post in a stamped wrapper addressed to such lot owner or member at
his address registered in the books of the Association. | Service of notices. |
(2) When any such
notice is sent from The Bahamas to an address in another country, it shall be
sent by prepaid registered air mail. |
(3) Any notice
sent by post in the manner prescribed by this section shall be deemed to be
served on the person to whom it is addressed on the seventh day after the day
in which the wrapper containing the same is posted. |
(4) Any notice
required to be given under this Act or any bye-laws of an Association may be
waived by the person entitled thereto. |
21. The Minister may make rules for carrying into
effect the objects of this Act and may prescribe a penalty not exceeding a fine
of four hundred dollars for the breach or non-compliance of any such rule. | Rules. |
FIRST SCHEDULE |
CERTIFICATE OF
INCORPORATION |
1. The name of the Association shall be "The
Local Improvement Association of the Sub-division of ............." |
2. The Registered Office of the Association shall be
situated at
...................................................................... . |
3. The general nature and object of the Association
shall be to establish, maintain and operate an improvement Association for the
benefit of all the lot owners in the sub-division and in particular the
Association shall have the following functions- |
(Here set out the functions
approved by the Minister). |
4. Every lot owner within the sub-division shall be
eligible to be a member of the Association and no other person shall be
eligible for membership thereof. |
5. Every member of the Association shall be entitled
to one vote for each lot owned individually, jointly or in common with others,
or by the corporation represented by the member. |
6. The Association is a non-profit-making body and the
liability of the members is limited. |
7. The highest amount of indebtedness or liability to
which the Association may at any time subject itself is $.......... . |
8. Subject to the limitation prescribed by paragraph 7
hereof, the Association may borrow money for the purpose of performing its
functions. |
9. In the event of the Association being wound up,
every person who is a lot owner at the date of the winding up or who was a lot
owner within one year prior to such date shall be liable to contribute to the
assets of the Association for the payment of the debts and liabilities of the
Association contracted before he ceased to be a member, and the costs, charges
and expenses of winding-up and for the adjustment of the rights of the
contributories amongst themselves such amount as may be required not exceeding
forty dollars. |
10. The common seal of the Association shall have the
following design that is to say- |
11. The boundaries of the sub-division in respect of
which the Association is incorporated are- |
which are more particularly
delineated on the plan annexed and marked "A". |
12. The first bye-laws of the Association annexed
hereto and marked "B" are hereby approved by the Minister and may be
amended or repealed and re-enacted in whole or in part from time to time by the
Association in the manner provided in the bye-laws. |
13. Subject to the
approval of the Minister this certificate of incorporation may be amended in
such manner as may be set out in a resolution duly passed by a three-quarters
majority vote at any annual meeting or at any special meeting of the
Association called for such purpose provided always that the text of any such
resolution is contained in the notice convening the meeting. |
|
|
IN WITNESS
WHEREOF I, the
said Minister for ........................
hath hereunto set my hand and
seal this ...................... day of ............, A.D., 19.........
|
|
SECOND SCHEDULE |
BYE-LAWS |
Membership |
1. Any person who
is at any time a lot owner (as defined by this Act) within the sub-division,
shall be entitled as of right to become a member of the Association. |
2. Every member of
the Association shall as occasion may arise supply to the Secretary the lot
numbers of the lots owned by him and an address to which all notices and
communications may be sent to him. The name and address of every member for the
time being shall be entered in a register to be maintained by the Secretary. |
3. Any member who
disposes of his interest as owner of a lot shall forthwith inform the Secretary
in writing stating the full name and address of the person to whose ownership
the lot has passed and the Secretary shall amend the register accordingly. |
4. Where a member
is no longer the owner of any lot he shall cease forthwith to be a member of
the Association and his name shall be struck off the register without
prejudice, however, to the right of the Association to recover from such person
any amounts due and owing by him to the Association. |
5. In the case of
a death of a member who is an individual owner or an owner in common of a lot
or lots, his personal representatives shall be entered in the register of
members and no other person shall be recognised by the Association as being
entitled to exercise any powers of membership in relation to such lot or lots.
Where a deceased member was in respect of any lot a joint owner, a survivor shall
be eligible to become a member and be registered as such. |
6. Any member
shall be entitled on demand to the Secretary to receive free of payment a card
or certificate of membership of the Association and if such card or certificate
be lost or destroyed a duplicate may be supplied on the payment of a fee to be
fixed by the Board of Governors. |
7. In all matters
which fall to be decided by the votes of the members of the Association, each
member shall have one vote for every lot within the sub-division of which he is
the lot owner and is so registered in the books of the Association. |
Board of
Governors |
8. The Board of
Governors (hereinafter referred to as "the Board") shall comprise
five members elected from time to time at an annual meeting of the Association. |
9. The first Board
shall comprise the following persons-
.........................................................................................................................................
......................................................................................................................................... |
and at the
first meeting of such Board one of its members shall be designated to serve for
one year: two to serve for two years and two to serve for three years. |
10. At each annual
meeting one-third of the number of members of the Board shall be elected to
serve for a term of three years. Any retiring member of the Board shall be
eligible for re-election. |
11. At least sixty
days prior to the date of the annual meeting the Board shall appoint from the
general membership of the Association a nominating committee comprising not
less than three members. Such committee shall file with the Secretary at least
thirty days before the date of the annual meeting, the names of at least as
many members of the Association who are willing to stand as candidates for
election to the Board as there are vacancies on the Board to be filled.
Additional nominations supported by not less than ten members may be made in
writing and similarly filed with the Secretary. |
12. If there be
more nominations than there are vacancies to be filled on the Board, the
Secretary shall cause the names of all nominees to be printed on a ballot paper
in alphabetical order and at least twenty-one days before the date of the
annual meeting he shall post one such ballot paper to each member of the
Association. |
13. Votes may be
cast by sending the completed ballot paper by post to the Secretary in a sealed
envelope or by being deposited in a ballot box provided for the purpose at the
registered office of the Association. Ballot papers sent by post shall be
disregarded unless received by the Secretary not later than 1 p.m. on the day
prior to the annual election. |
14. The nominating
committee shall appoint two members of the Association (not being members of
the Board) to act as scrutineers who shall supervise the prescribed voting
procedure, count the ballot papers, determine the validity of any ballot paper
in case of doubt and certify the result of the election to the President. The
result of the ballot shall be announced at the annual meeting. |
15. At the first
meeting of the Board after each annual meeting and whenever a vacancy occurs
the Board shall elect from among its members a President and one or more
Vice-Presidents as the Board shall deem fit. At a meeting of the Board at which
not less than six members are present, the Board may by resolution remove the
President or any Vice-President from office, provided that the text of such
resolution is contained in the notice convening the meeting. |
16. The Board
shall meet for the transaction of business as occasion may arise but in any
event shall hold at least one meeting in every year. |
17. Meetings of
the Board shall be summoned by the President at his discretion or on the
written requisition of three members of the Board and reasonable notice of all
meetings of the Board shall be given by the Secretary to every member thereof. |
18. At all
meetings of the Board the President, or in his absence the senior
Vice-President present, or in the absence of the President and the
Vice-President, a chairman chosen by the members present, shall preside. |
19. A majority of
the members of the Board for the time being in office shall constitute a quorum
for the transaction of business and any decision of the Board shall be taken by
motion passed by a majority of those present and voting. |
20. The President
of the Board shall be the chief executive officer of the Association and shall
perform such duties as may from time to time be assigned to him by the Board. |
21. The Board may
elect from their number an executive committee consisting of not less than
three members of the Board, which committee shall have all the powers of the
Board between meetings. The President of the Association shall be a member of
and shall officiate as chairman of the executive committee. The Board may
appoint any other committees and may authorise any such committee to co-opt members
of the Association. The President shall be an ex officio member of all
committees. |
22. Whenever a
casual vacancy in the membership of the Board shall occur the remaining members
of the Board shall have power by a majority vote to select a member to serve
the unexpired term of the vacancy. |
23. At a meeting
of the Association, any member of the Board may, by resolution, be removed from
office as a member of the Board, provided that the text of such resolution is
contained in the notice convening the meeting. |
24. After the
close of the financial year the Board shall submit to the Association a report
on the conduct of the affairs of the Association during the previous year,
together with the audited accounts of the Association. |
Officers and
Employees of the Association |
25. There shall be
a secretary and a treasurer of the Association and such other officers as the
Board may deem necessary. Such officers shall be appointed by the Board from
time to time to perform such duties as may be prescribed by the President or
the Board and they shall hold office for such period and upon such conditions
as the Board may determine. It shall not be necessary for the officers to be
members of the Association and the office of secretary and treasurer may be
held by the same person. |
26. The Secretary
shall keep the minutes of all proceedings of the Board, all committees and all
meetings of the Association in books provided for the purpose. The Secretary
shall have the custody of the seal of the Association and such books and papers
as the Board may direct and he shall in general perform all the duties normally
assigned to the office of secretary, subject to the control and direction of
the Board and the President. |
27. The Treasurer
shall have custody of all the receipts, disbursements, funds and securities of
the Association and shall perform all the duties normally assigned to the
office of treasurer, subject to the control and direction of the Board and the
President. If required by the Board, the Treasurer shall give a bond for the
faithful discharge of his duties in such sum as the Board may require. |
28. The Board, or
the Secretary with the authority of the Board, may enter into contracts or
engage and discharge employees as may be deemed necessary for the carrying out
of the functions of the Association. |
Meetings of the
Association |
29. An annual
meeting of the Association shall be held each year in the month of March on a
date and at a time and place to be fixed by the Board. |
30. A special
meeting of the Association shall be held whenever summoned by the Board or on
the written requisition of not less than ten members stating the purpose of
such meeting. |
31. Notice of any
meeting of the Association stating the business to be transacted at the meeting
shall be sent by the Secretary to every member of the Association at his
registered address at least twenty-one days prior to the date fixed for such
meeting. |
32. At every
meeting of the Association each member may cast the votes to which he is
entitled in person or by proxy. |
33. A quorum for
any meeting of the Association shall consist of such number of members either
in person, or represented by proxy who between them own a majority of the lots
in the subdivision. Subject to there being a quorum as herein defined any question
before a meeting of the Association shall be decided by a majority of votes
given in person or by proxy. |
Finance |
34. The financial
year of the Association shall commence on the first day of June and terminate
on the thirty-first day of May in each year. |
35. The Board
shall have the right and power to subject every lot situated within the
sub-division to which the Association relates to an annual maintenance charge
which shall be fixed by the Board at least two months prior to the commencement
of the financial year in respect of which it is payable. The amount of the
annual maintenance charge in respect of each lot shall be fixed in such a
manner that the total expenditure which the Association expects to incur during
the forthcoming financial year in carrying out its functions (including the
cost of administration) is apportioned between all the lots in the sub-division
in proportion to the relative size of the individual lots, save that where the
sub-division contains any waterway, the expenditure to be incurred by the
Association in carrying out the functions described in paragraph (g) of section
3(2) of this Act shall be apportioned only between the lots abutting on the
waterway in proportion to the relative size of each such lot. Notice of the amount
of the maintenance charge payable in respect of each lot shall thereupon be
served upon each lot owner. |
36. Annual
maintenance charges shall be due and payable on the first day of June in each
year and such charges as shall not have been paid on or before the first day of
September in such year shall be deemed to be in arrears and shall bear interest
thereafter at the rate of eight per centum per annum. |
37. The annual
maintenance charge may be adjusted or reduced from year to year by the Board as
the needs of the subdivision may, in the judgment of the Board, require but so
that taking one year with another, the income of the Association shall not
substantially exceed the costs incurred by the Board in the discharge of the
functions assigned to the Association together with the costs of the
administration thereof. |
38.
Upon demand and the payment of a fee of one dollar the Treasurer or Secretary
shall furnish to any owner, or mortgagee, or person interested a certificate
showing the unpaid maintenance charges against any lot or lots. |
Amendment and
Interpretation |
39. (1) Subject to
the other provisions of this paragraph, whenever in accordance with these
bye-laws notice is required to be given to any member of the Association or a
lot owner, such notice shall be sent by post in a prepaid wrapper addressed to
such lot owner or member at his address registered in the books of the
Association. |
(2) When any such
notice is sent by post from The Bahamas to an address in another country, it
shall be sent by prepaid registered air mail. |
(3) Any notice
sent by post in the manner prescribed by this paragraph shall be deemed to be
served on the person to whom it is addressed on the seventh day after the day
on which the wrapper containing the same is posted. |
40. Any notice
required to be given by these bye-laws may be waived by the person entitled
thereto. |
41. Where at any
meeting of the Board of Governors or of members of the Association there is an
equality of votes upon any resolution, the person presiding shall not have a
casting vote and the resolution shall be deemed to be negatived. |
42. These bye-laws
may be amended or repealed and re-enacted in whole or in part from time to time
by a resolution passed by a three-fourths majority vote at any annual or
special meeting of the Association provided that the text of any such amendment
is contained in the notice convening the meeting. |
43. In these
bye-laws, "this Act" means the Sub-divisions (Local
Improvement Associations) Act. |