Sale of Commercial Properties Act 1979
Table of Contents
Long Title
1 Short title
2 Interpretation
3 Prohibition on sale of any commercial property without building approval
4 Option to purchase
5 Terms and conditions in agreement for sale and purchase
5A Prevention of money laundering and financing of terrorism
5B Record keeping
5C Programmes and measures to prevent money laundering and terrorism financing
5D Persons disqualified from being substantial shareholder of developer
5E Persons disqualified from being in responsible position
6 Penalty
7 Power to give directions
7A Power to require production of documents, etc.
8 Controller may issue directions when developer has not sought direction of Registrar under section 16 of Land Titles Act, etc.
9 Offences committed by body corporate
10 Rules
11 Exemptions
12 Jurisdiction of District and Magistrate’s Courts to try offence
Legislative History
Abbreviations