Legal basis: Measures for the Administration of Residential Special Maintenance Funds
Article 31 The special account management bank shall at least once a year send a statement of special housing maintenance funds to the construction (real estate) department of the people's government of the city or county, the management department of special public housing maintenance funds and the owners' committee.
City and county construction (real estate) departments, departments responsible for the management of public housing special maintenance funds and the owners' committee have objections to the changes in capital accounts, and may request the special account management bank to conduct a review.
The special account management bank shall establish an inquiry system for residential special maintenance funds, and accept the inquiries of the owners and public housing sales units on the use of residential special maintenance funds, value-added income and book balance in their sub-accounts.
Thirty-second residential special maintenance funds management and use, should accept the audit supervision of the audit department according to law.
Article 33 The financial management and accounting of residential special maintenance funds shall be carried out in accordance with the relevant provisions of the Ministry of Finance.
The financial department shall strengthen the supervision over the financial management of special maintenance funds for houses and the implementation of the accounting system.
Article 34 The purchase, use, storage and write-off management of special bills for residential special maintenance funds shall be implemented in accordance with the relevant provisions of the Ministry of Finance and the financial departments of the people's governments of provinces, autonomous regions and municipalities directly under the Central Government, and shall be subject to supervision and inspection by the financial departments.