Legal basis: Article 15 of the Measures for the Administration of Residential Special Maintenance Funds. After the establishment of the owners' congress, the owners' congress shall transfer the special maintenance funds deposited by the owners in accordance with the following provisions: (1) The owners' congress shall entrust a local commercial bank as the special management bank of the special maintenance funds for residential buildings within the property management area, open a special account for the special maintenance funds for residential buildings, and set up a sub-account according to the house number with the property management area as the unit. (two) the owners' committee shall notify the competent department of construction (real estate) of the local people's government of the municipality directly under the central government, city or county; Involving the sale of public housing, it shall notify the department responsible for the management of special maintenance funds for public housing. (3) The competent department of construction (real estate) of the people's government of a municipality directly under the central government, city or county or the department in charge of managing the special maintenance fund for public housing shall, within 30 days from the date of receiving the notice, notify the special account management bank to transfer the book balance of the special maintenance fund for housing deposited by the owners within the property management area to the special maintenance fund account for housing opened by the owners' meeting, and hand over the relevant accounts to the owners' committee.