Special maintenance funds refer to the funds that the owners of residential properties pay a certain amount of funds to a special account for the maintenance of public parts and facilities and equipment in the property area, and authorize the owners' committee to manage and use them in a unified way.

Article 1 In order to strengthen the management of residential special maintenance funds, ensure the maintenance and normal use of residential parts and facilities, and safeguard the legitimate rights and interests of owners of residential special maintenance funds, these Measures are formulated in accordance with the Property Law, the Property Management Regulations and other laws and administrative regulations.

Article 2 These Measures shall apply to the deposit, use, management and supervision of special maintenance funds for commercial housing and after-sale public housing.

The term "residential special maintenance funds" as mentioned in these Measures refers to the funds earmarked for the maintenance, renewal and transformation of residential parts and facilities after the expiration of the warranty period.

Article 3 The term "* * * shared parts of houses" as mentioned in these Measures refers to the part shared by the owner of a single house or the non-residential owner connected with the structure according to laws and regulations and the house sales contract, and generally includes: foundation, load-bearing wall, column, beam, floor, roof, outdoor wall, hall, stairwell, corridor, etc.

The facilities and equipment enjoyed by * * * as mentioned in these Measures refers to the * * * ancillary facilities and equipment owned by residential owners or residential owners and related non-residential owners according to laws, regulations and house sales contracts, generally including elevators, antennas, lighting, fire-fighting facilities, green spaces, roads, street lamps, ditches, pools, wells, non-operating parking garages, public sports facilities and facilities and equipment enjoyed by * * * in houses.

Fourth residential special maintenance funds management to implement the principle of special account storage, earmarking, owner decision-making, government supervision.

Fifth the State Council municipal construction department in conjunction with the the State Council municipal finance department is responsible for the guidance and supervision of the national residential special maintenance funds.

The competent department of construction (real estate) of the local people's government at or above the county level shall, jointly with the financial department at the same level, be responsible for the guidance and supervision of the special housing maintenance funds within their respective administrative areas.