6. Functions of Board

The functions of the Board shall be —

to keep and maintain a register of licensed housing developers;

to approve applications for licences under section 9(3);

to vary or revoke existing conditions of licences or impose conditions or additional conditions under section 9(4);

to approve applications to withdraw money from the project account under section 14(5);

to approve applications to enter into an arrangement or reconstruction under section 15(1);

to approve applications for appointment of auditors under section 16(1) and to appoint auditors under section 16(2);

to refer cases under section 17 to the Minister;

to consider cases for revocation of licences under section 12(1);

to hear and consider representations from licensed housing developers as to why their licences should not be revoked or conditions on their licences should not be so amended.