Skip to content

Part 3B · Monitoring and Enforcement Powers

15. Special investigation of licensed housing developers

Feedback & support
Amended

Last amended by an amending law of 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.

Report

Part 4

Power to Make Rules and to Issue Directions

Part 5

General