Housing and Development (Amendment) Bill

by deleting paragraph (b) of subsection (1) thereof and substituting therefor the following: —“(b)has, at any time within thirty months immediately prior to the date of making an application to the Board to purchase the same, or between the date of such application and the date of completion of the purchase of the flat, house or other living accommodation, sold any flat, house, building or land of which he was the owner, or divested himself of any interest therein.”; and

by inserting, immediately after subsection (7) thereof, the following subsection: —“(8) Notwithstanding the provisions of subsection (1) of this section, the Board may sell or lease a flat, house or other living accommodation to any person, notwithstanding that such person, his spouse or any authorised occupier has purchased or acquired, with the prior written consent of the Board, any commercial property not exceeding in value two hundred and fifty thousand dollars or such higher value as the Minister may allow, and the said commercial property is used or intended to be used by any such person for business purposes.”.

by deleting paragraph (c) of subsection (1) thereof and substituting therefor the following: —“(c)if the flat, house or other living accommodation has in the opinion of the Board been used otherwise than for the purpose permitted by the lease; or”; and

by inserting, immediately after subsection (1) thereof, the following subsection: —“(1A) Paragraph (b) of subsection (1) of this section shall not apply to any owner or his spouse or any authorised occupier who has purchased or acquired, with the prior written consent of the Board, any commercial property not exceeding in value two hundred and fifty thousand dollars or such higher value as the Minister may allow, and the said commercial property is used or intended to be used by any such person for business purposes.”.

by deleting the word “and” at the end of paragraph (f) thereof;

by deleting the full-stop at the end of paragraph (g) thereof and substituting therefor the word “; and”; and

by inserting, immediately after paragraph (g) thereof, the following paragraph: —“(h)prescribing the fees (such fees, if unpaid, to constitute a debt due to the Board and be recoverable as such) to be paid by the owner of any flat, house or other living accommodation sold under the provisions of this Part or by any applicant for such flat, house or other living accommodation for non‑observance or non‑compliance with any of the restrictions, conditions or requirements of section 41, 48 or 48A of this Act, where the Board does not proceed against him under any of the said sections.”.