Owners' Corporation
An Owners' Corporation is a legal entity formed under the Building Management Ordinance by the owners of a private building. Owners' corporations are statutory bodies vested with certain legal powers to facilitate the management of a building. At the end of March 2004, there were 7,294 owners' corporations throughout Hong Kong, among which 5,537 were formed with the assistance of the district offices.
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“It is truly enough said that a corporation has no conscience; but a corporation of conscientious men is a corporation with a conscience.”
—Henry David Thoreau (1817–1862)
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