Singapore legislation
Clause 16
Clause 16
Examination of affairs of a licensed housing developer
(1)
The Minister may cause an investigation, under conditions of secrecy, to be made by the Controller or an Inspector of the affairs of a licensed housing developer on the application of not less than five purchasers.
(2)
Such application shall be supported by such evidence as the Minister may require for the purpose of satisfying himself that the applicants have good reason for requiring such investigation. The Minister may also require the applicants to give such security as he may consider sufficient for the payment of the costs of any investigation.