On 26/05/2013,
you requested for the version in force on 26/05/2013
incorporating all amendments published on or before 26/05/2013.
The closest version currently available is that of 18/04/2013.
12.
—(1) Every licensed housing developer shall inform the Controller of any proposed arrangement or agreement for any sale or disposal of its business relating to housing development by amalgamation or otherwise or of any proposal for reconstruction.
(2) The Controller may approve or withhold approval of such arrangement or reconstruction.
(3) Any licensed housing developer that is aggrieved by a decision of the Controller under subsection (2) may, within 14 days of being notified of the decision, appeal to the Minister whose decision shall be final and shall not be questioned in any court.
(4) Any licensed housing developer that fails to comply with subsection (1) shall be guilty of an offence.
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