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ORDER OF THE GOVERNMENT OF THE REPUBLIC OF MOLDOVA

of May 17, 2023 No. 296

About approval of the Regulations on procedure for functioning of fund of repair and development of Owners' Association in condominium

Based on Article 53 and Item g) parts (1) article 104 of the Law No. 187/2022 on condominium (The official monitor of the Republic of Moldova, 2022, Art. No. 238-244, 467) DECIDES: the Government

1. Approve Regulations on procedure for functioning of fund of repair and development of Owners' Association in condominium it (is applied).

2. This resolution becomes effective from the date of publication in the Official monitor of the Republic of Moldova.

Prime Minister

Doreen Rechan

Countersigns:

Minister of infrastructure and regional development

 

Lilia Dabizha

 

Approved by the Order of the Government of the Republic of Moldova of May 17, 2023 No. 296

Regulations on procedure for functioning of fund of repair and development of Owners' Association in condominium

I. General provisions

1. The regulations on procedure for functioning of fund of repair and development of Owners' Association in condominium (further - the Provision) establish procedure for the organization, functioning and management of financial resources of fund of repair and development of Owners' Association in condominium (further - fund).

2. For the purpose of this provision the concepts determined in the Law No. 187/2022 on condominium and also the following concepts are used:

1) forming of fund - accumulating of financial resources from the permitted sources for financing of fund;

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