Sinking Fund In Malay

The proprietors and or their tenants appealed for a waiver or reduction in charges and contribution to the sinking fund to ease the financial burden of the proprietors.

Sinking fund in malay. Funder revenue berderau tabung duit unggas fund usooil fund dana terikat. A sinking fund is a shared pot of funds prepared against future expenditure such as large scale repairs or major works on a building. Contextual translation of sinking fund into malay. The sinking fund is in fact a trust fund that is entrusted to a trustee who plays the role of stakeholder.

Human translations with examples. Dalam hal ini terdapat empat persoalan yang terlintas dalam fikiran penghuni rumah bertingkat seperti ini. Ramai yang masih berasa keliru dan tidak mengetahui mengapakah kita membayar kumpulan wang pelepas atau dikenali sebagai sinking fund untuk pangsapuri sedangkan dalam masa yang sama kita juga membayar yuran penyelenggaraan. Sinking fund account of the management corporation.

Think of it like a hedge against misfortune or money you ve got saved up for a rainy day. If the fund is not used for a reasonable period of time it should be placed in an interest bearing account such as a fixed deposit with an established bank or financial institution. 1 if the sinking fund account in the name of the management corporation had not been earlier established under subsection 51 1 the management corporation shall open and maintain a sinking fund account with a bank or financial institution into which shall be deposited the contribution to the sinking fund paid by the proprietors.