Housing Developers (Control and Licensing) Act(CHAPTER 130)
Table of Contents
Long Title
Part I PRELIMINARY
1 Short title
2 Interpretation
3 Minister to appoint Controller and other officers
Part II LICENSING OF HOUSING DEVELOPERS
4 Housing development to be carried out only by licensed housing developer
5 Licences not to be granted or valid in certain cases
6 Restriction on use of words "housing developer" and on use of certain other words
7 Revocation of licence
Part III DUTIES OF LICENSED HOUSING DEVELOPERS
8 Controller to be advised of alteration
9 Licensed housing developer to open and maintain Project Account
10 Audited balance-sheet and profit and loss account
11 Statement to be supplied
12 Sale, disposal, etc., of business requires consent of Controller
13 Appointment of auditors
14 Controller or inspector may investigate licensed housing developers
15 Special investigation of licensed housing developers
16 Examination of affairs of licensed housing developer
17 Production of books, accounts and documents of licensed housing developer
18 Action by Minister if licensed housing developer unable to meet obligations or is conducting business to the detriment of purchasers or the public
19 Control of licensed housing developer by company or statutory board
20 Punishment for failure to comply with directions of Minister
21 Licensed housing developer under control of company or statutory board to co-operate with company or statutory board and Controller
Part IV POWER TO MAKE RULES AND TO ISSUE DIRECTIONS
22 Rules
23 Power to give directions
Part V GENERAL
24 Indemnity
25 Individual not eligible to take part in management of business of licensed housing developer
26 Penalty for offences not otherwise provided for
27 Offences by companies, etc., and by employees and agents
28 Exemption
29 Fiat of Public Prosecutor
Legislative History