New laws governing Associations etc.
New laws governing Associations etc.
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?
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Re: New laws governing Associations etc.
No it doesn't (I'm the Hon Sec of a registered association).
Regards,
Nigel Howarth
Independent information & advice for Cyprus property buyers
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Re: New laws governing Associations etc.
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 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
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Re: New laws governing Associations etc.
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,
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
Contact Nigel Howarth
Read the latest Cyprus property news
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news
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- Posts: 5
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Re: New laws governing Associations etc.
Thank you.
Re: New laws governing Associations etc.
We have a committee called T**** J***** Residents Association.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
I went to the bank and showed him the article - he gave me a Cyprus Shrug and told me not to worry about it
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J B
J B
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Re: New laws governing Associations etc.
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
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news