Housing Development (Control and Licensing) Act 1966 · Updated to 2 Mar 2016 · Part II · Licensing of Housing Developers
6B. Controller may forfeit deposit
Feedback & supportIf any licensed holding developer—
is carrying on his business, in the opinion of the Controller, in a manner detrimental to the interest of the purchasers or to any member of the public;
Controller
“Controller” means the Controller of Housing appointed under section 4;
has insufficient assets to cover his liabilities;
is contravening any of the provisions of this Act; or
has ceased to carry on housing development in Peninsular
housing development
“housing development” means to develop or construct or cause to be constructed in any manner whatsoever more than four units of housing accommodation and includes the collection of moneys or the carrying on of any building operations for the purpose of erecting housing accommodation in, on, over or under any land; or the sale of more than four lots of land or building lots with the view of constructing more than four units of housing accommodation;
Malaysia, the Controller may, after having given the licensed developer an opportunity to submit reasons within a specified time on why the deposit under paragraph 6(1)(a) or (b) should not be forfeited, forfeit the whole or a part of the deposit.