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Part · Licensing of Housing Developers

21. Licensed housing developer under control of another person to co-operate with that person and Board

(1)

Where another person has assumed control of the business of a licensed housing developer in pursuance of section 17(2)(c), the licensed housing developer shall submit his business to the control of that person and shall provide him with such facilities as the Board may require to enable him to carry on that business.

(2)

Any licensed housing developer that fails to comply with subsection (1) or with any requirement of the Board is guilty of an offence and liable on conviction to a fine not exceeding $2,000 and to a further fine not exceeding $500 for every day during which the offence continues after conviction.

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