Residents serving in RAs are not paid I REFER to the letter “Have regulatory laws for RAs doing business” (The Star, March 25). It is hard to comprehend how security fees collected from willing residents to pay for security service in the neighbourhood could be considered a business venture. Residents’ Associations (RAs) are managed by a committee elected by residents of the housing estate on a voluntary basis without any pecuniary reward. If they are registered under the Registrar of Societies Act, they would need to have constitutions which require the holding of annual general meetings and presentation of audited accounts. Surplus funds, if any, would be carried forward to the next period and are not distributed as dividends. One of the challenges facing RAs managing security schemes is to achieve a sufficient percentage of participation to break even. Not every household is willing to participate in the scheme. These non-paying folks are the ones most likely to give the most problems to the committee, forgetting that they are enjoying added security at the expense of their paying neighbours. SECURITY CONSCIOUS RESIDENT Petaling Jaya THE ABOVE POST IS COPY FROM THE STAR PAPER TODAY. AND I HIGHLY RANK THIS PERSON WHO WRITE THIS ARTICLE TOKOK! WHY RAs SUPPORT PRIVATISE SECURITY FIRM FOR OUR NEIGHBOURHOOD WATCH? SAD TO SAY TO THEM THAT WE WHO DONT PAY FOR THIS SECURITY SERVICE FEES DOESNT ENJOY ANYTHING FROM THIS SECURITY FIRM. OUR NEIGHBOURS HOUSE WHO SUBSCRIBE & PAY THIS SECURITY FEES HAD HIS HOME BURGLARED! CAN THIS HOUSE OWNER CLAIM FROM THIS SECURITY COMPANY OR THE RAs? ANYONE AGREE WITH ME THAT THIS SECURITY CONSCIOUS RESIDENT IS TOKOK?
Posted on: Thu, 27 Mar 2014 02:39:37 +0000
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