Section 11
of Housing Development (Control and Licensing) Act 1966
Section 11
(a)
direct the licensed housing developer in question to take such steps as he may consider necessary to rectify any matter or circumstance;
(b)
direct that a person be appointed or himself appoint a person to advise the licensed housing developer in the conduct of his business;
(c)
direct a company to assume control and carry on the business of the housing developer upon such terms and conditions as the Minister may determine;
(ca) certify that the licensed housing developer has abandoned the housing development;
Housing Development (Control and Licensing) 33
(d)
direct that the licensed housing developer present a petition to the High Court for the winding up of his business; or
(e)
take such action as the Minister may consider necesary in the circumstances of the case for carrying into effect the provisions of this Act.
(1A)
In giving his direction or decision under paragraph (1)(a), (b), (c)
or (e), the Minister may specify that any cost and expense reasonably incurred by such persons as may be specified by the Minister in carrying out such direction or decision of the Minister shall be paid from the
Housing Development Account of the housing development or from the moneys due to the Account.
(2)
Every such direction of the Minister made under subsection (1) shall be binding on the licensed housing developer and the purchasers.
(3)
Where a company has, in pursuance of a direction of the Minister under paragraph (1)(c), assumed control of and carried on the business of a licensed housing developer, the following provisions shall apply:
(a)
the licensed housing developer in question shall submit his business to the control of the company and shall provide the company with such facilities as the Controller may consider necessary for the purpose of carrying on the business of the licensed housing developer;
(b)
the company shall take over and become in control of and continue to carry on the business of the licensed housing developer until such time as the Minister may in writing otherwise direct; and
(c)
every such assumption and cessation of control of the business of a licensed housing developer pursuant to a direction of the
Minister made under paragraph (1)(c) shall be published by the Controller in the Gazette.