Clause 11

For the purpose of advising the Government or providing the public with information on the state of the property market for housing accommodation, the Controller may —

collect, compile and analyse information concerning housing developments, sale of units of housing accommodation and particulars of transactions relating to such sales; (b)use the information and particulars collected for purposes of any research study or survey by the Controller or any person with whom the Controller enters into any contract, agreement or arrangement pursuant to subsection (3); and (c)subject to subsection (4), make available, publish or disseminate the information and particulars collected, the results of any compilation, analysis, research study or survey or any abstract of those results.(2) Every licensed housing developer shall provide to the Controller —

all such information concerning every building project undertaken by the licensed housing developer and the sale of units in the building project, including the number of units that are made available for sale for any period of time; (b)all such particulars of transactions, including the particulars of purchasers, intending purchasers and assignees of purchasers, in relation to the sale of units in every building project undertaken by the licensed housing developer; and

all such information on and particulars of agreements (in addition to agreements for sale and purchase) entered or to be entered into with purchasers and intending purchasers in relation to the sale of units in every building project undertaken by the licensed housing developer,as the Controller may by notice in writing require and in such form and manner and by such means and within such time or at such regular intervals as the Controller may specify in the notice.(3) Subject to subsection (4), the Controller may, with the approval of the Minister, enter into any contract, agreement or arrangement with any person for the purpose of compiling or analysing any information or particulars collected or carrying out any research study or survey under this section.(4) No person shall disclose any particulars, received under or pursuant to this section, of any purchaser, intending purchaser or assignee of any purchaser of any unit in a building project unless —

the disclosure is made for the purposes of this section and with the prior approval of the Minister;

the disclosure is in the form of statistics which do not identify the purchaser, intending purchaser or assignee;

the disclosure is to the Chief Statistician pursuant to his direction under section 6 of the Statistics Act (Cap. 317) where the particulars are not exempted from section 6(2) of that Act from being furnished;

the particulars are already in the public domain at the time of the disclosure; or

the disclosure is for the purposes of proceedings for an offence under this Act or any rules made thereunder or any report of those proceedings.(5) Any person who contravenes subsection (4) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 12 months or to both.”.