Section 74

the terms and conditions for the sale of any flat, house or other building under the provisions of this Part;

the terms and conditions which the Board may impose in granting its consent under section 56 to any sale, lease, mortgage or disposal of a flat, house or other building; and those rules may provide that in specified circumstances, the Board is deemed for the purposes of that section to have granted its prior written consent subject to such terms and conditions;

the person to whom the flat, house or other building may be sold and the persons who are allowed to stay in it, including the qualifications as to income, the minimum number in the family, citizenship of and ownership of any other properties by all or any such persons;

a scheme of savings, by a prospective purchaser of a flat, house or other building, with the Board for the first minimum payment on a flat, house or other building;

the minimum first payment on the purchase of a flat, house or other building and the maximum period that may be allowed for the payment of the balance of the purchase price, together with the prescribed interest;

the functions, duties and powers of a management corporation;

regulating the use, management and control of flats, houses or other buildings of the Board, that have been sold under the provisions of this Part, and the common property;

prescribing the fees to be charged by the Board for acting for any person in the sale, purchase, transmission of the interest of a deceased owner, transfer, assignment, mortgage, discharge of a mortgage, reconveyance or surrender, of a flat sold under the provisions of this Part or for acting for any surviving joint owner of such a flat in his or her application to register his or her entitlement consequent upon the death of the other joint owner;

the power of the Board to impose a financial penalty not exceeding $50,000 on the owner or applicant of any flat, house or other living accommodation sold under the provisions of this Part for a breach of any restriction, condition or requirement of section 50 on or after 20 July 2015 where the Board does not proceed against that owner or applicant under section 50;

the power of the Board to impose a financial penalty not exceeding $50,000 on the owner of any flat, house or other building sold under the provisions of this Part for a breach of any restriction, condition or requirement of section 62 on or after 20 July 2015 where the Board does not proceed against that owner under section 62; and

the power of the Board to, instead of acquiring any flat, house or other living accommodation on any ground under section 63(1), impose a financial penalty not exceeding $50,000 on the owner of that flat, house or other living accommodation for a breach of any restriction, condition or requirement of section 63 on or after 20 July 2015.