The elected Management Committee acts as the representative of the owners of the jointly owned building and has the powers/competencies determined by the Law. Some of the responsibilities of the Management Committee are:
1. To control and operate the jointly owned property.
2. To maintain a fund and to determine, collect, even with legal action, the receivable amounts for the operation of the building.
3. To ensure the implementation of the provisions of this Law or the Regulations.
4. To conclude contracts in relation to any issue concerning the maintenance and management of the jointly owned building
5. The legitimacy of this committee becomes valid with the decision of the Annual General Meeting.