Sectional Properties Act

17. Establishment of a Corporation

Edition: 2022-12-31 · In force

17. Establishment of a Corporation

(1)On the registration of a sectional plan, there shall be constituted a Corporation under the name "The Owners, Sectional Plan No. (the number to be specified being the number given to the plan on registration)".

(2)The Registrar shall issue a certificate of registration of the corporation.

(3)A Corporation shall consist of all those persons—

(a)who are the owners of units in the parcel to which the sectional plan relates; or

(b)who are entitled to the parcel when the sectional arrangement is terminated under this Act.

(4)The Corporation shall have perpetual succession and a common seal.

(5)The Corporation shall be regulated in accordance with this Act and the bylaws specified in the regulations shall subject thereto, have effect in relation to the corporation and its board.

(6)The provisions of the Companies Act (Cap. 486) shall not apply to the Corporation.

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Source: Kenya Law