New laws governing Associations etc.

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acachair
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Joined: 03 Apr 2018 14:37

New laws governing Associations etc.

Post by acachair » 03 Apr 2018 14:44

Cyprus government have passed new legislation governing the registration and running of private Associations, Clubs etc. Does anyone know if this legislation applies to Communal Property Management committees please?



Nigel Howarth
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Re: New laws governing Associations etc.

Post by Nigel Howarth » 03 Apr 2018 21:51

acachair wrote:
03 Apr 2018 14:44
Does anyone know if this legislation applies to Communal Property Management committees please?
No it doesn't (I'm the Hon Sec of a registered association).

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Nigel Howarth
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pissouriabc
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Joined: 10 May 2019 18:29

Re: New laws governing Associations etc.

Post by pissouriabc » 29 Nov 2019 17:14

Hi Nigel

We currently have a residents association that administers our complex and I understand it is better/more applicable to call it a management committee. How would we go about changing this name with the bank etc
Thank you



Nigel Howarth
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Re: New laws governing Associations etc.

Post by Nigel Howarth » 01 Dec 2019 09:52

Hi pissouriabc

I wrote an article about this several months ago - Management committees fall foul of law.

I suggest you hold a committee meeting and pass a motion to change the name - and take the minutes of the meeting to the bank and get the account name changed.

Regards,


Nigel Howarth
Independent information & advice for Cyprus property buyers
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J B
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Re: New laws governing Associations etc.

Post by J B » 02 Dec 2019 19:56

pissouriabc wrote:
29 Nov 2019 17:14
Hi Nigel

We currently have a residents association that administers our complex and I understand it is better/more applicable to call it a management committee. How would we go about changing this name with the bank etc
Thank you
We have a committee called T**** J***** Residents Association.

I went to the bank and showed him the article - he gave me a Cyprus Shrug and told me not to worry about it :-?


--
J B

Nigel Howarth
Site Admin
Posts: 2467
Joined: 24 Oct 2007 14:38
Location: Erimi, Limassol, Cyprus
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Re: New laws governing Associations etc.

Post by Nigel Howarth » 02 Dec 2019 23:39

J B wrote:
02 Dec 2019 19:56
I went to the bank and showed him the article - he gave me a Cyprus Shrug and told me not to worry about it :-?
I hope you got that in writing.

Regards,


Nigel Howarth
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news

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