Singapore legislation
Clause 7
Clause 7
Revocation of licence
(1)
If any licensed housing developer —
is carrying on its business, in the opinion of the Controller, in a manner detrimental to the interests of its purchasers or to the public;
has insufficient assets to cover its liabilities;
is contravening any provisions of this Ordinance or of any rules made thereunder; or
has ceased to carry on housing development in Singapore,the Controller may revoke any licence issued to such licensed housing developer:Provided that the Controller shall, prior to any such revocation, notify his intention to take such action against the licensed housing developer concerned and shall give the licensed housing developer an opportunity to submit reasons or an explanation why its licence should not be revoked.
(2)
Where the licence of a housing developer has been revoked under the provisions of subsection (1) of this section the licensed housing developer may, within thirty days of being notified of such revocation, appeal against such revocation to the Minister whose decision thereon shall be final and shall not be questioned in any court.