Regulation 1
Citation and commencement
These Rules may be cited as the Housing and Development (Financial Penalties) Rules 2015 and come into operation on 20 July 2015.
/akn/sg/act/sub_leg/1959/HDA-S440-2015
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Quick answer
Housing and Development (Financial Penalties) Rules 2015 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation HDA-S440-2015 1959, currently marked in force and first recorded in 1959.
Citation and commencement
These Rules may be cited as the Housing and Development (Financial Penalties) Rules 2015 and come into operation on 20 July 2015.
Definition
In these Rules, “flat” means any flat, house or other living accommodation sold under Part IV of the Act.
Board may require payment of financial penalty
Where the owner or applicant of a flat has breached any restriction, condition or requirement in section 47(1) of the Act, the Board may, instead of proceeding against that owner or applicant under section 47 of the Act, impose on the owner or applicant a financial penalty not exceeding $50,000 for that breach.
Where the owner of a flat has breached any restriction, condition or requirement under section 55(1) of the Act, the Board may, instead of proceeding against that owner under section 55 of the Act, impose on the owner a financial penalty not exceeding $50,000 for that breach.
Where the owner of a flat has breached section 56(1)(a), (b), (c), (d), (e), (f), (g), (ga), (h) or (i) of the Act, the Board may, instead of acquiring the flat under section 56, impose on the owner a financial penalty not exceeding $50,000 for that breach.
Revocation
The Housing and Development (Penalties) Rules (R 1) are revoked.