Section 5
of Housing Control And Licensing Developers Rules 1980
Section 5
No permit for advertisement as provided in rule 4 of these Rules shall be issued nor shall any advertisement be made for any housing development in respect of which —
(a)
the licensed housing developer is not the proprietor of the land upon which the housing development is proposed to be carried out:
Provided that this provision shall not apply if the proprietor of such land has executed an agreement with the licensed housing developer to the effect that ―
(i)
the proprietor agrees to the sale of the land for the purposes of the housing development concerned; and
(ii)
the proprietor agrees to abide by the provisions of rule 11 of these Rules;
(b)
the land upon which the housing development is proposed to be carried out is charged for an amount exceeding fifty per centum including annual interest of the market value of the land and such charge is to any person, body of persons, company, firm or society other than a bank which is in possession of a licence issued under the provisions of section 3 of the Banking Act 1973 [Act 102];*
(c)
the licensed housing developer has not obtained the written approval of the Appropriate
Authority in regard to the lay-out plans for the proposed housing development; and
(d)
the licensed housing developer has not applied in writing to the Director or Collector of
Land Revenue under section 40 subsection (1) of the Ordinance for the subdivision of the land upon which the housing development is proposed to be carried out.
(2)
This rule shall not apply to subdivided buildings.
For Reference Only
Subsidiary Legislation 3 of 16
Housing (Control and Licensing of Developers) Rules 1980
Particulars to be included in advertisement.