Section 53

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

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

a scheme of savings by a prospective purchaser of the flat, house or building with the Corporation for the first minimum payment therefor;

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

the functions, duties and powers of a management corporation constituted under section 43;

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

prescribing the fees to be charged by the Corporation 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 application to register his entitlement consequent upon the death of the other joint owner; and

prescribing the penalty (such penalty, if unpaid, to constitute a debt due to the Corporation and be recoverable as such) to be paid by the owner of any flat, house or other building sold under the provisions of this Part or by any applicant for such flat, house or other building for non-observance or non-compliance with any of the restrictions, conditions or requirements of section 40, 45 or 46, where the Corporation does not institute proceedings against him under any of those sections.