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Part 3B · Monitoring and Enforcement Powers

16. Examination of affairs of licensed housing developer

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(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 at least 5 purchasers.

(2)

Such an application must be supported by such evidence as the Minister may require to be satisfied that the applicants have good reason for requiring an investigation.

(3)

The Minister may also require the applicants to give such security as the Minister may consider sufficient to pay the costs of any investigation.

Report

Part 4

Power to Make Rules and to Issue Directions

Part 5

General