Singapore legislation
Section 15
Section 15
Special investigation of licensed housing developers
Amended by15/2013
The Minister may at any time direct the Controller or any inspector to make an investigation, under conditions of secrecy, of the books, accounts and transactions of a licensed housing developer, if the Minister has reason to believe that a licensed housing developer —
(a)
is carrying on its business in a manner detrimental to the purchasers or other persons dealing with the licensed housing developer;
(b)
has insufficient assets to cover its liabilities; or
(c)
is contravening any of the provisions of this Act or any rules made under this Act.